Spurgeon Bell Short-Term Loan Application
Students receiving financial assistance (scholarships, grants, loans, etc.) that exceed the cost of their STCL term charges may be eligible to apply for an advance on their financial aid refund.
- Application must be received during the enrolled term (between first day of class and last day of exams).
- Short-Term Loan funds must be repaid within 60 days.
- Late payment(s) will affect future advance eligibility
- Minimum GPA of 2.300
- GPA exceptions will be reviewed
- Maximum short-term loan amount of $1,000
Frequently Asked Questions
How do I apply?
You can apply by clicking here and logging in with your Stanley login credentials.
How will I receive the funds?
Payments are processed by the Accounting Services Office within 3 business days of application approval.
Note: It is recommended to set-up your electronic refund preference for faster receipt of funds. Click here for electronic refund instructions.
Is there additional interest or fees charged?
No. The Short-Term Loan is an advance against the amount of financial assistance that is expected to disburse for the term. Your accepted financial assistance will be reviewed by the Office of Student Services prior to an application decision.
How do I repay the short-term loan?
The Spurgeon Bell Loan will be applied to your term charges and auto-repayment will be made using your financial assistance disbursement.
Note: If the 60 day deadline is approaching and your financial aid has not disbursed, then you may make a payment out of pocket to avoid being late.
What happens if repayment is made after 60 days?
If you are late on your Short-Term Loan repayment then a financial hold will be placed on your student account.
This hold will affect the following:
- Viewing Grades
Two late repayments will result in an auto-denial of future Spurgeon Bell applications.