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- Medical Students
Short-Term Emergency Loans
From a source funded by alumni contributions and the American Medical Association Education and Research Foundation (AMA-ERF), the School is able to offer any matriculated and registered medical or graduate student who is in good academic standing a non need-based, interest-free loan of up to $600 for a maximum period of 60 days. If a student repays loans promptly, there is no limit to the number of times he or she may access this loan.
Application is made in the Bursar’s Office by completing and signing an “Emergency Short Term Loan Contract.” The next business day, the student may pick up the processed contract with an attached cash voucher to take to the Cashier’s Office in Strong Memorial Hospital. Students must present their current ID badge at the cashier’s office to collect their loan money. The SMH Cashier’s Office may occasionally need to limit the number of Short Term Loans cashed on a given day, and will not guarantee the availability of cash after 4:00 p.m. during the week or on Saturdays.
Students with a Short Term Loan balance past due for more than four weeks are denied access to the fund. Students with substantial past due outstanding balances on their student accounts and students known to have poor credit ratings may be denied use of the fund as well.
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