Accounts Receivable
Short Term Loans
Financial Aid Short Term Loans are available through the Financial Aid Office for students:
- Studying abroad and need funds in advance to help pay for expenses before leaving the country.
- Experiencing a documented financial hardship due to unforeseen circumstances.
Frequently Asked Questions
How will I receive my loan?
All expense loans will be direct deposited. Please be sure to sign up for e-deposit in Student Self-Service.
Can I use the loan for USF expenses?
Short Term Loans cannot be used to pay USF expenses.
When do I have to pay back the loan?
The loan is due by the date indicated on the promissory note and will not extend past the end of the semester in which it was issued. The loan is due by the due date even if no financial assistance funds have been received and regardless of the status of additional financial aid to be received.
What happens if I fail to repay my loan?
In the event the loan is not repaid in full by the due date a service charge for late payment of $50.00 will be assessed. Delinquent loans will cause a hold on all student records, including registration, transcripts and future Expense Loans.
The student is responsible for all cost associated with the collection of past due amounts. The current interest rate is 6% APR. Financial Aid funds from a succeeding year can not be used to repay this debt.
Where do I find information on getting an expense loan?
For more information, please contact the Financial Aid office at (813) 974-4700.