Short-Term Loans
Short Term Loans at Tarleton State University were established to assist students who are experiencing temporary financial difficulty in paying for educationally related expenses. This loan is an option when the student has money coming from home, financial aid, a paycheck or other sources, but it will not arrive in time to pay the student’s bill. Short-term loans are available for the current term, and applicants must meet the requirements to be considered.
The short-term loan program is a loan for tuition, fees, and on campus student housing and will be applied to the first installment of the Installment Payment Option for the current term. The loan must be repaid in full, with interest, during the semester in which the funds were borrowed. The interest rate is 1.25%. A late fee of $10 will be added if the loan is not paid by the due date.
It is not the intent of this program to supplement or to replace long-term aid or assistance offered by the Student Financial Aid Office. The short-term loan application closes one week after the census date for the current term.