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Students may employ on-line through MyUWs Personal Services (paper application forms will also be available if you come to 105 Schmitz Hall however, the processing time is longer). Please see all the info under borrowing a loan is also an important responsibility. If you have any questions, don't hesitate to speak with a counselor in the Office of Student Financial Aid, 105 Schmitz Hall, or call 206/543-6101. ,University of Washington students could be able to borrow a loan for books, tuition, or other expenses,Any previous loans must be paid in full before a different loan can be taken out. Please examine your budget and demands for the whole quarter when choosing the requested amount.,there is absolutely no interest, however, a service charge of $30 will be added to the repayment period for each loan.



Repayment is due by the next quarter, or whenever extra funds like financial aid arrive because of whichever comes first. There is no interest on the short-term loans, but there's a $30 service charge.
You will get phone calls and letters about the account. No forbearance or deferment options are available for short-term loans.
Late penalties will start to accrue. Your account could be known to an external collection agency, and it'll be reflected on your credit report.

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Late penalties and collection costs will be assessed if not paid by the due date.,Short-term loans have been billed via the Student Accounts system (like the tuition statements ). These loans are due to demand, meaning that any help following a loan has been disbursed coming in will be utilized to refund any year outstanding loan. Aid won't refund loans offered in the previous assistance year (the help season is from Summer Spring quarters).
Short-term loans may not be available for you in future quarters.,You will be sent a confirming email with a copy of the promissory note as an attachment, for the documents.


The amount of loan repayment which you owe will be added to your student tuition account that the repayment is due.
Should you get an extension on a Winter quarter loan, or borrow a loan through Spring quarter, you'll be responsible for making sure the loan has been repaid on time. If aid doesn't pay the loan in full, repayment is due to the fourth Friday of the next quarter.,'' NOTE: Students who have financial aid should be aware that requesting an extension won't prevent the next aid disbursement from exceeding the short-term loan when it was taken out during the identical school year, regardless of when the new due date is. If you have unusual circumstances, please call 206/543 -6101, or visit a counselor in the Office of Student Financial Aid, 105 Schmitz Hall. ,each quarter pupils benefit in the short-term loan application. Nevertheless, these funds will need to be repaid in a timely fashion so that other students may continue to gain in future ventures.


Before you take out a loan, think about:,should you not pay the loan by the due date, holds will be placed on your enrollment along with your transcript (that stops you from registering or adding/dropping and by obtaining a copy of your transcript or employing a big ).



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