Emergency Loans

How do emergency loans work?

Emergency loans are interest-free loans available to Purdue University students registered in the current semester, and must be used for educational expenses. Students who meet ALL eligibility criteria may borrow a maximum of $2000 per semester (all summer modules combined count as one semester). Students may borrow up to $1000 at a time. 

Loan applicants must visit the Office of the Dean of Students in Schleman Hall (SCHL), Room 207, to apply for the emergency loan. Students can call 765-494-1747 with questions about emergency loans, but must come to the office in order to be approved. Students may obtain a loan between the hours of 8:00 a.m. and 4:00 p.m., Monday through Friday. Please keep in mind that a loan will take time and student's showing up at 4:00 p.m. may not have the money deposited into their account that evening.

Please call 765-494-1747 for additional information. 

How may I get an emergency loan?

  • You must be currently registered for at least one (1) credit hour at the time of application for the loan, AND 
  • You must not have any holds on your Purdue account, AND
    • If you have borrowed an emergency loan in the past, you must have paid the loan(s) back on time or:
    • In the case that your most recent payment was past due, you must complete the Financial Responsibility Program in order to become eligible for subsequent loans.
    • If you have acquired two late payments, you are no longer eligible for emergency loans.

If you meet the criteria to receive a loan, you must talk with a drop-in staff member and do the following:

  • Show a Purdue ID Card or other government-issued photo ID
  • Complete an online application
  • Provide your driver's license or other state-issued ID number
  • Provide the names, addresses and telephone numbers of two (2) references (these references cannot be in the same household as each other)
  • Enter your Social Security number on a secure financial site. If you do not have a Socail Secutiry Number, you will use your PUID number in its place. 
  • Enter your Bank Routing Number/ABA and Account Number into a secure financial account
  • Create a password that can be used for a secure financial account
  • E-sign a promissory note that outlines the conditions and repayment requirements of the loan

Emergency loans must be paid back within thirty (30) calendar days.

If you are not able to pay your loan back by the due date, you must contact the University Receivables and Collections Office (URCO) either in person in Schleman Hall, Room 334, or by phone at 765-494-9459 prior to the due date in order to make alternate payment arrangements.

  • If you pay your loan back on or before the original due date, or the agreed-upon due date with URCO, the payment will be considered on time.
  • If you do not pay the loan back on or before the original due date, or the agreed-upon due date with URCO, the payment will be considered late.

We strongly recommend that you pay back emergency loans in person at the Purdue University Receivables and Collections Office, located in Schleman Hall, Room 334. If you mail a payment or make an online payment, it is recommended that you do this 4-5 business days in advance of the deadline, in order to allow processing time. Payments received or that post after the deadline will be considered past due.

If a loan is paid past due:

Students who have a history of two (2) past-due emergency loans will not be eligible for subsequent emergency loans.

How does ACH distribution work?

An ACH transaction allows us to deposit the emergency loan directly into your bank account. In order to process the ACH transaction you will need to bring your Bank Routing Number/ABA and Account Number. The Bank Routing Number and Account Number can be found on the bottom of a check. This information will be entered directly into the loan application by the student. 

I have misplaced my paperwork with the repayment instructions. How do I repay the loan?

Payments can be made in person at the University Receivables and Collections Office in Schleman Hall, room 334. Their office is open Monday through Friday from 8:00 a.m. to 12:00 p.m. and 1:00 p.m. to 5:00 p.m. You can also pay online at www.heartlandecsi.com, by proceeding to the Students & Borrowers section and following the prompts. Online payments may take 48 hours to process and update on your loan record. If you have questions or issues logging into the ECSI program, please contact the ECSI Help Desk at 888-865-6544. Questions about repayment options or to discuss the possibility of deferring a payment, please contact the Receivables and Collections Office at 765-494-9459.

Drop-in Hours

Schleman Hall, Room 207 

Monday - Friday

8:00 a.m. - 5:00 p.m. EST

765-494-1747

odos@purdue.edu

Purdue University, 610 Purdue Mall, West Lafayette, IN 47907, (765) 494-4600

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