Types of Financial Aid
Bessie E. Campbell Short Term Loan
The Bessie E. Campbell Short Term Loan Program provides short term financial assistance to St. Cloud State University students who have unexpected, temporary educationally related expenses. Allowable educational expenses include tuition, fees, books, supplies, room, board, and transportation.
- Students must be enrolled at least half-time (6 credits).
- Current students must be in good academic standing (1.75 GPA or greater after one semester, 2.00 GPA after two or more semesters). The GPA requirement does not apply to first-term students.
- If a student wishes to borrow funds during semester break, the student must be pre-registered for the following semester.
- Students may borrow up to $600. There is an origination/processing fee for all loans - $10 processing fee for loans up to $400 and $20 processing fee for loans up to $600.
- Students may not have more than one outstanding short term loan at any one time. There is a 10 day waiting period from the payoff date before another short term loan will be processed.
- The maximum short term loan period is 60 days. Any loan not paid by the due date will be subject to a $30 late fee.
Apply online for the short term loan. Funds are disbursed and repayment is managed by the St. Cloud State Business Services Office.
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