Humboldt Short-Term Loan Program

Cal Poly Humboldt offers emergency short-term loans to students to serve as a temporary bridge until the student can gain access to their regular source of funds. These emergency short-term loans are extended for ten weeks to help students with school-related expenses. Emergency short-term loans are a privilege to the student and can be denied to any student who is not in good standing with the University.

Important: Your Fall financial aid cannot repay your short-term loan from the Spring semester (or any prior semester) or a short-term loan from the summer.

Student Eligibility

A Humboldt student must meet a minimum of eligibility requirements to obtain an emergency short-term loan.

1. Must be a regularly admitted Humboldt student and must be enrolled in state-supported, instructional university classes for at least 1 regular unit in the current term. Extended Education/Extension students are not eligible.
2. Must submit their application for a Short-term to the Student Financial Services Office. To obtain an application, please email cash@humboldt.edu, or pick up an application at the Cashier’s Office (office hours Monday - Friday, 8 am-5 pm)
3. Must have paid off all past due debt owed to Humboldt and all other short-term loans.
4. Students are eligible to receive multiple short-term loans per semester, but can only have one outstanding loan at any one time) Humboldt recognizes that extenuating circumstances can arise; exceptions may be authorized at the discretion of the Associate Director of Student Financial Services.
5. Students receiving Veteran benefits are eligible to receive up to $2500 in short-term loans per semester. The Director of VA Benefits will verify eligibility for short-term loans and a “VET” service indicator will be placed on the student's account.

Emergency Short-Term Loan Amounts

1. Emergency short-term loans are available for a minimum of $50 and up to $500 each. Exceptions may be authorized by the Associate Director of Student Financial Services. (The VP of Enrollment Management may also initiate a loan request exception on behalf of a student.)
2. Students who are signed up for electronic funds transfer (EFT) will have their short-term loan funds deposited into their bank account within two business days after processing is complete. For all others, checks are available according to the posted schedule and can usually be picked up in the Cashier’s Office within five business days after processing is complete.

Short-Term Loan Due Date Extension and Repayment

1. Short-term loans are due in ten weeks and must be repaid to Cal Poly Humboldt at the Student Financial Services Cashier's Office or online within the Student Center.
2. A $25 late fee will be charged on any short-term loan not paid in full or extended on the day on which it is due. No extensions are possible on past due loans (no exceptions). If you are past due on one or more loans with the same due date, you will be charged a late fee of $25. If you are past due on one or more loans with different due dates, you will be charged a $25 late fee for each delinquent loan.
3. A one-time 4-week extension from the due date is available to students if the extension is negotiated prior to the due date, AND the student pays a minimum of 10% of the loan prior due date. Spring semester loans that are eligible for an extension can not be extended beyond the last day of the Summer Session.

Availability

• Short-term loans will be available starting 2 weeks prior to the first day of classes of the fall or spring term and end on the last day of finals for the semester.
• Short-term loans are available during the summer if you are registered for the fall term. Summer loans will be due by the last day of July and cannot be withheld from Fall semester financial aid (no exceptions).