University Student Emergency Loan Fund (USELF)

Eligibility Requirements: 

• Undergraduate and graduate students registered at least half time in the semester for which requesting the loan.
• Law, Medical, SMHS, GWSPH, and SON students must contact their Deans.
• Full-time GW employees are not eligible.

Undergraduate Students: Maximum amount $600 Per Semester
Graduate Students: Maximum amount $2,600 Per Semester

Terms: If approved, the emergency loan will be disbursed either through direct deposit or by check. It may take up to five (5) business days for the transaction to be processed.

I understand and agree that the approved emergency loan amount will be charged to my student account upon distribution of the funds to me, as described above. I agree that I am responsible for paying the balance to Student Accounts. As described in the regulations of the Student Accounts Office (https://studentaccounts.gwu.edu/disclosures), I understand and agree that I am also responsible for any interest of 12% per annum that may accrue and late payments fees of up to $150.00 per semester. The only exceptions to these charges are situations resulting from financial aid delays solely by the Office of Student Financial Assistance or from disputed charges to my account. 

If I am awarded federal financial aid, I authorize the university to use the aid to repay this emergency loan, which will become part of my student account balance. If there is no pending financial aid, I acknowledge that I am responsible for the payment of the balance to Student Accounts.

I understand that once I accept this emergency loan, I will not be eligible for another USELF Loan so long as a USELF Loan balance remains outstanding on my student account. I understand and agree that a student accounts balance in excess of $2,500.00 may place a hold on my student records.