Emergency Loans
Emergency loans are thirty (30) day interest-free loans available to Purdue University students registered in the current semester and must be for expenses related to ones education. Students who meet ALL eligibility criteria may borrow up to $1000 at a time and a maximum of $2000 per semester. The Student Financial Obligation Agreement is applicable to emergency loans.
How can I get an emergency loan?
To get started, contact our office at 765-494-1747 or odos@purdue.edu to be connected with a Student Support Specialist. The Student Support Specialist will answer any questions, walk you through the process, verify your eligibility, and discuss the next steps. Students may obtain loans between 8:00am and 4:00pm, Monday through Friday.
What are the eligibility requirements to receive an emergency loan?
- You must be registered for at least one (1) credit hour in the current semester through the Purdue University- West Lafayette or Indianapolis campus at the time of application for the loan.
- You cannot have a monetary hold for $100 or over.
- If you have acquired two late emergency loan payments, you are no longer eligible for emergency loans.
What will I need to do after the Student Support Specialist approves my emergency loan?
- Make sure you have set-up an eRefund profile for the bank account you wish to have the funds distributed to.
- E-sign a promissory note that outlines the conditions and repayment requirements of the loan.
How will I receive the funds?
The emergency loan funds will be distributed to the account linked in your eRefund profile through the Office of the Bursar in your student account. The funds will be directly deposited into your checking or savings account. Instructions for setting up your profile can be located here.
How do I repay the loan?
You can make your payment online through the TouchNet payment portal located in your myPurdue. Instructions for making a payment in TouchNet can be located here.
Questions regarding repayment should be directed to the Office of the Bursar at 765-494-7570.