LYCOS RETRIEVER 
Emergency Loan
built 818 days ago
One Emergency Loan is available to all clients over the course of a fiscal year. The loan is interest free and the amount and repayment terms are agreed upon by SKS and the client on a case by case basis. The amount is small compared to the income generating products and is only given in times of dire need to meet expenses such as funerals, hospital admissions, prenatal care and other crisis situations.
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Every term, a week before the Student Refund Check Distribution and the week of the Student Refund Check Distribution, NO Emergency Loan applications will be accepted. Please check the Schedule Of Classes for the Student Refund Checks Distribution dates.
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A payday loan is a loan for a small amount (usually $100 to $1000) that is given to meet contingencies of people who have a job and a salary, but no other means to meet an emergency that has crept up. Payday loans are expected to be repaid by the next payday or spread over a few months, depending upon the need of a borrower.
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An unpaid emergency loan is a debt owed to the University. If your loan is not paid in full by the due date, you will have a registration and academic transcript HOLD placed on your records until the debt is repaid in full. Delinquent loans may be assigned to a collection agency and reported to local credit bureaus.
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Emergency Loan