Short Term Loan

The Short Term Loan program is to assist registered students who are experiencing unanticipated school-related expenses. This program is not intended to supplement or replace any of our financial aid programs offering long term financial assistance. Loans are not available for payment of registration fees. All loans are subject to the availability of funds. The borrower must be a current matriculated SFSU student. College of Extended Learning students are not qualified for this program.

Location: 1600 Holloway Avenue, ADM 351, San Francisco, CA 94132
Hours: Monday through Friday, 9:00AM to 4:30PM


Contact: Edward Wang – Fiscal Services Supervisor
Phone: (415) 338-2604

Your loan will be denied if your application is incomplete, or if it is missing required supporting documentation.

  • Loans are available in $50.00 increments up to a maximum of $500.00.
  • A $5.00 Application Fee is deducted from the amount loaned.
  • The loan is payable as set forth in the Short-Term Loan Payment Schedule.
  • Your first payment is due approximately 30 days from the loan date; if you have multiple installments, payments are due on the same date each month (see payment Schedule).
  • A $10.00 Late Charge will be assessed for each late payment. Interest of 6% per annum will begin to accrue the day following the first missed installment.
  • Once a loan check is issued, a loan obligation will be posted to your record for repayment. The financial hold will prevent you from adding/dropping for your classes.
  • If you drop units or withdraw from the University, you still need to repay your loan.

You must meet the following criteria:

  • Your registration fees must be fully paid or you must be current on the fee installment plan.
  • You must be a regular University student enrolled at least half-time. (These loans are not available to Extended Education Students for Fall and Spring semesters; however, students who enroll through CEL classes during Summer are qualified for the loan request.)
  • You must not have any other unpaid financial obligations with SFSU.
  • You must have paid back previous Short-Term Loans on time.
  • Current academic year Financial Aid cannot pay for prior academic year obligation.
  • You must demonstrate that you have sufficient resources with which to repay the loan according to the terms.
  • If your application was incomplete or required documents were missing, your application will be denied. You may submit a new, completed application with all required documents.
  • If your application was denied because we could not verify that you had sufficient resources to repay the loan or if we deemed the stated purpose of your loan request is outside the program's parameters, you may PETITION to have your application reconsidered.

You may expect a decision on your loan application in three (3) business days from the time you submitted your completed application. Your application will not be reviewed until all required documents have been received by the Fiscal Services Office. An email notification will be sent to you on the status of your application. When your Short Term Loan is ready for pick up, we will send an email notification to notify you to pick up your check.

You will sign a Promissory Note, and a Loan Interview form, agreeing to repay the loan according to the terms.  You will be provided a copy of the Promissory Note for your records.

Payments are to be made in person at the Bursar's Office, ADM 155 or via payment on line, on or before the due date(s).
If you are receiving Campus-Based Financial Aid, your loan will be deducted from your disbursable award at the time of disbursement, regardless of the due date(s) of the loan.

If you are unable to make your loan payment on or before the due date,
Contact Fiscal Services, ADM 358, Linda Nguyen (415)338-2366 to request a new repayment schedule.
There is no $10.00 late charge assessed if your request is made and approved prior to the original due date.
You may revise your repayment schedule only once.

Default is defined as failure to make any installment payment when it is due. If you default on your Short Term Loan obligation, SFSU may:

  • Withhold University services including future registration.
  • Demand that you pay the entire loan balance, plus late charges and accrued interest immediately.
  • Report your defaulted loan to credit bureau organizations.
  • Refer your loan to a professional collection, which would result in your paying not only your loan balance, but additional collection agency's fees.
  • File suit and obtain a judgment against you in Municipal court. You would be responsible for paying all reasonable collection costs and legal fees.
  • Offset your State income tax refunds to repay your loan.
  • Make you ineligible to receive any future Short-Term Loans.