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Emergency Loans

The SUA, Aliso Viejo Emergency Loan Program is available to all students in the event of financial emergency.


Terms:

  • Students may borrow up to $300.
  • Emergency Loans must be repaid within 90 days of issue or by the end of the academic year, whichever is sooner.
  • Loans are not available within the last 30 days of the academic year.


Loan Fees:

  • All loans are subject to a $10 processing fee.
  • All loan payments are subject to a $20 late charge.


Loan Eligibility Requirements:

  • Student must be enrolled in classes at SUA, AV.
  • Student does not have an outstanding emergency loan or a negative repayment history on a previous emergency loan.
  • Student has not written SUA, AV a dishonored check.
  • Loans are limited to one per academic session.
  • Student does not have any past due balance to SUA, AV, including tuition payments.


Procedures:

  • Student completes all areas of the loan application, prints and signs.
  • Student takes the application with student ID to Accounts Receivable/ Student Accounts Office in Founders Hall, 2nd Floor.
  • All repayments should be made at the Accounts Receivable/ Student Accounts Office.


Processing/Check Release:

  • If the application is submitted by 12PM (noon), it will be processed the same day.
  • If the application is submitted after 12PM (noon), it will be submitted for following day processing.
  • Students may pick up their check with student ID at the Accounts Receivable/ Student Accounts office after 12PM (noon) one day after processing.


Delinquent Loans:

  • A hold will be placed on all student records.
  • Student will be placed on registration hold.
  • Student will not be eligible for future loans.


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