Short Term Loans

Short –term Loans

Two short-term loans are available to students. Please see details below for each loan.

Academic Emergency Loan: This loan is available during the first two weeks of each semester to current students with pending financial aid creating a credit balance on their account.

The loan is considered an advance of pending financial aid and will be charged directly to the student’s account along with a $25 processing fee. If the pending financial aid does not materialize, the student will be responsible for repayment of the amount of the loan and the processing fee.

Students may borrow up to $500 per semester through this program for academic expenses only (such as books). Applications are available at the Business Office at Doheny. Applications will be reviewed by the AVP Financial Services and a meeting may be required. Applications may take up to 3 business days to be processed.

The Nancy Manning Emergency Loan: This loan is available to students enrolled at the Chalon campus who have attended classes for one semester. This loan is granted to students in need of immediate assistance with educational, housing, transportation or medical expenses. Loans are available up to a maximum of $50 per semester and must be repaid within 30 days from date requested.

The Nancy Manning Loan is interest-free if repaid by the due date. Failure to repay the loan by the due date will result in a $5.00 late fee. For further information, please stop by either Business Office.