Emergency loans are thirty (30) day 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 up to $1000 at a time and a maximum of $2000 per semester. 

Emergency Loans will be managed through a completely remote process. To get started, please contact our office at 765-494-1747 or odos@purdue.edu to be connected with a Student Support Specialist who will assist you in completing the Emergency Loan process remotely. The Student Support Specialist will answer any questions you have, walk you through the process, assist you in obtaining approval, and discuss next steps.     

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 process will take time to complete and must be done by 4:00pm. 

What are the eligibility requirements to receive an emergency loan?

• You must be currently registered for at least one (1) credit hour at the time of application for the loan.
• You must not have any holds on your Purdue account.
• If you have acquired two late emergency loan payments, you are no longer eligible for emergency loans.

If you meet the criteria to receive a loan, you must speak with a Student Support Specialist by phone and do the following:

• Provide your PUID number
• Complete an online application
• 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 Social Security 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

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 have 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. 

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) 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.

It is recommended that you make your payment 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.

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

How do I repay the loan?

You can make your payment online at https://heartland.ecsi.net/. Online payments may take 48 hours to process and update on your loan record. Instructions regarding how to make a payment through the online payment portal can be found on the Receivables and Collections Office website by clicking here. Questions about repayment options or to discuss the possibility of deferring a payment, please contact the Receivables and Collections Office at 765-494-9459.