Short‐term Tuition and Fee Loans at Texas Southern University were established to provide assistance to students who experience temporary financial difficulty in paying required tuition and fees. The maximum loan amount is not to exceed the total cost of tuition and fees. The loan must be repaid within the prescribed payment period. The application must be legible and signed by the applicant. Due to limited funds, short‐term loans are provided on a first‐come, first‐served basis. The loan application fee of $100.00 will be charged to the student’s accounts upon acceptance of the loan. A student can have only one short‐term loan per semester. Short-Term loans are only available for the Fall & Spring Terms. If the loan is not paid in full by the due date, both transcripts and registration will be blocked until account is paid in full. Failure to repay the loan will result in ineligibility to receive future short‐term loans.
SECTION1: DEMOGRAPHIC INFORMATION
Borrower Information
Please fill out correctly. Incomplete application will not be processed.
Student Name
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First Name
Last Name
TSU ID (T-No)
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Email
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Home Phone
Cell Phone
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Local Address
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Permanent Address
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Personal Reference
List the name of the nearest relative (excluding parents) who will always know your address.
Relative's Name
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First Name
Last Name
Email
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Home Phone
Cell Phone
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Local Address
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Permanent Address
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Please upload files which explain your temporary difficulty (optional)
Accepted file types: pdf, doc, docx, ppt, pptx, xsl, xslx, jpg, png.
SECTION2: ELIGIBILITY CRITERIA
To participate in the Short‐Term Loan Program, the student must meet the following minimum criteria:
Be actively enrolled in 6 or more credit hours.
Have a cumulative GPA of 2.0 or higher.
Cannot have a past due balance from a previous term or from another short-term loan.
Must meet the minimum satisfactory academic requirements for the receipt of financial aid and/or be in good academic standing with the university.
Must provide proof of financial resources to repay this loan.
SECTION3: PROMISSORY NOTE
I promise to pay all sums disbursed under the terms of this Note, plus any other fees which may become due as provided by this Note. This short‐term loan must be repaid in full no later than the 90th class day for the fall and spring terms or the first working date thereafter. A student who fails to make full payment of the short‐term loan by the due date may be prohibited from registering for classes until full payment is made. In the event of default, I also promise to pay all attorney’s fees and other reasonable collection costs necessary for the collection of any amount not paid when due. (Collection fees are assessed at a rate of 20 %.)
I understand that:
Payments must be made as specified above to Texas Southern University, Office of Student Accounting located in the Basement of the E. O. Bell Building or via the University’s website.
I must apply any financial aid I receive during for the indicated semester/term toward my short-term tuition and fees loan even if scheduled payments are not yet due.
I may prepay all or any part of the principal at any time during the semester without penalty.
If my loan is not paid by the specified due date a hold will be placed on my permanent student record and my account may be listed with a collection agency.
If I withdraw from TSU for any reason, the amount of the loan is due immediately.
I authorize Texas Southern University, in the event my loan has not been repaid as specified above, to take the following actions:
Withhold my re‐admission to the University.
Withhold my official transcripts, grades and diploma.
Issue or re‐issue funds to be applied toward my indebtedness.
Consent Agreement
I have read the above and upon my signature of this loan agree to comply with the provisions as stated therein. I also agree to notify Texas Southern University Office of Student Accounting immediately of any changes in my contact information including my physical address, email address, and telephone number.
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Yes
Signature
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Date
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Date Format: MM slash DD slash YYYY
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Comments
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