Emergency Tuition and Fees Loan

1. The purpose of the Emergency Tuition and Fees loan program is to provide students an alternative other than cash payment for applicable tuition and fee costs per semester to attend the University. Students must not be on financial aid or must have exhausted all their financial aid for the purpose of paying tuition and fees to qualify for this loan.
2. Students must enroll for a minimum of six (6) semester hours for the Fall and Spring semesters and a minimum of three (3) semester hours for the First and Second Summer sessions in order to qualify for this type of loan.
3. Students must not be in default on any Federal or Institutional student loan.
4. Students must not have any outstanding debt to the University other than current tuition and fees.
5. The Emergency Tuition Loan Promissory note cannot be mailed out. The processing of the Promissory note must be done in person by the applicant or by an individual given the authority by the applicant (Notarized statement required) to process loan documents on his/her behalf.
6. Students must complete a loan application and sign the Promissory note in order for the loan to be set up.
7. Applicants will not be permitted to complete their Emergency Tuition and Fees Loan Promissory note until picture identification is presented. The only exception to this rule is if the Loan Collections Office staff can identify the applicant.
8. A $20.00 processing fee is part of the Emergency Loan. The cost for the loan will be 5% annual interest charge on the amount borrowed. This interest charge will accrue on a daily basis from the first class day through the day the loan is paid back in full.
9. THE EMERGENCY TUITION AND FEES LOAN WILL ONLY PAY FOR THE FOLLOWING NINE FEES:
   
   Tuition Fee, Registration Fee, Student Service Fee, Library Technology Fee, Computer Access Fee, International Education Fee, Emergency Loan Processing Fee, Medical Service Fee, Student Union Fee
   
   PLEASE READ THIS SECTIONS CAREFULLY SINCE ITEMS NOT COVERED HAVE CHANGED
   
10. THE EMERGENCY TUITION AND FEES LOAN WILL NOT PAY FOR THE FOLLOWING FEES:
    
    Nurse Practioner Fee, TASP Fee, TASP Advisement Fee, Medical Insurance Fee, Troxell Dorm Charges, Dorm Service Charge, Repatriation International Insurance Fee, Parking Permit Fee, Police Department Late Fee, Citations, Women's Dorm Charges, Dorm Meal Plans, BV Meal Plan, BV Room Charge, BV Refundable Deposit, BV Late Fees, Field Placement Insurance Fee, Parking Permit Replacement Fee, UT Arlington Registration Fee, Meal Plan Installment Charge, Dorm Refundable Deposit. & ANY OTHER FEE THAT IS NOT TUITION RELATED.
    
11. If after obtaining the loan the student decides not to attend classes, he/she must follow admission withdrawal policies to assure that he/she is officially dropped from his/her classes. If the student does not follow the withdrawal policies, he/she will remain enrolled and will consequently owe the entire loan.
12. If the loan is not paid back by the loan due date, an administrative hold will be placed on the student's records which will prevent the student from receiving any services from the University (registering, transcripts, etc). All loans are reported to a national credit bureau, so if the loan is not paid on the due date a delinquent status will be reported. After 90 days from its due date the loan will be reported with a default status and assigned to an outside collection agency for collection of the account. The student will be responsible for all costs associated with the collection of the account, which will include added collection charges. These added collection charges will be from 33.33% and up to 50% of the total amount due (principal and interest).
13. Emergency Tuition and Fees Loans are not available before or after the loan processing periods. Emergency Tuition and Fees Loans can be obtained only during the Emergency Tuition and Fees Loan processing period or until funds are exhausted - WHICH EVER OCCURS FIRST.