Emergency Loans
The purpose of a UNLV emergency loan is to provide enrolled students limited, short-term financial assistance. Emergency loan proceeds must be used for educational-related expenses such as housing, utilities, day care, books, tuition, and transportation costs necessary to attend UNLV.
Emergency loans are limited and students cannot borrow more than $200. There is a $1 fee for every $100 borrowed. Only one emergency loan may be issued per semester.
Rules/Repayment
Most emergency loans must be paid back within 30 days, sometimes earlier, depending upon the application submission date. Go to the Cashiering and Student Accounts Office, first floor, Student Services Complex (SSC) to repay your loan.
Emergency loan application periods vary by the semester
- An application can be submitted one week before classes begin. However, funds will not be released until the first day of classes.
- In general, no emergency loan applications can be processed within 30-45 days of fall or spring semester ending. Please contact Financial Aid & Scholarships for a more precise date if you desire an emergency loan near the end of the fall or spring semester.
- The availability of summer term emergency loan funds will depend upon the summer session the student is attending. Please contact Financial Aid & Scholarships for questions.
Obtaining an emergency loan is a large responsibility. Failure to pay back your loan will result in losing university privileges such as being able to register for classes, transcript request holds, and collection costs to satisfy your financial obligation.
Processing Time
Emergency loans are not processed the same day. If a completed application
is received by 1 p.m., the loan proceeds are usually available after noon
the next business day in the Cashiering and Student Accounts Office, first
floor, Student Services Complex (SSC). Emergency loan applications received
after 1 p.m. will take two business days to process.
Qualification Requirements
- Undergraduate students must be enrolled at least six credit hours and have a 2.0 cumulative GPA.
- Graduate students must be enrolled at least five credit hours and have a 3.0 cumulative GPA.
- Students must not owe any money to UNLV.
- Students must not have a UNLV administrative hold on your record.
- Students must not have received a financial aid refund check in excess of $1,000 within six weeks of the emergency loan application date.
- Students must have a satisfactory payment history with UNLV and have never defaulted or been late on a previous emergency loan.
- Students must be admitted into a degree seeking or certificate program.
- Students must be registered for classes.
- Students must be able to document how you will repay the emergency loan (approved financial aid that has not yet disbursed is allowed).
- Students must be making Financial Aid & Scholarships satisfactory academic progress policy.
Apply
All applications must be reviewed by a financial aid counselor. Students who do not meet with a financial aid counselor will not have their emergency loan processed.
You may apply by visiting the Financial Aid and Scholarships Office. Financial aid representatives are available at finaid@unlv.edu or 702-895-3424 if you have questions. An original signature is necessary and meeting with a financial aid counselor.