Short Term Loans

Short term loans are small, one-time loans issued by the university. The loan is requested by submitting the Short Term Loan Request form online in your myUCCS Portal.

The loan/refund will be reviewed and issued by the Student Financial Services / Bursar Office. Unlike other student loans, these loans must be paid within the semester and are only intended to address short term financial emergencies.

Short term loans are borrowed for temporary issues such as:

• Urgent academic needs (books, supplies)
• Late paychecks
• Unexpected expenses (car repairs, etc)

Loan Terms:

• Enrolled Students Only
• Maximum one loan per semester of up to $700
• A student with a past-due balance cannot borrow a short term loan
• The payment deadline for the loan is the same as the final payment deadline for the current semester
• Failure to repay will prevent registration in future semesters
• Dis-enrollment will cause the loan to enter repayment immediately
• There is a service charge of $5 per $100 borrowed
• There is a $10 late fine for late payments
• Interest will accrue after maturity at a rate of 1% per month on the unpaid balance
• Students must sign a promissory note which may contain additional terms