The Queen's Short-term Loan program is designed to assist students who are experiencing a temporary financial emergency (e.g, delay in receiving funds from another source).
To be eligible to apply for a short-term loan you must:
Short-term loans may be granted if you are experiencing a temporary cash-flow difficulty and can produce satisfactory evidence that you will have sufficient money to make repayment on or before the due date. Short-term loans are designed to assist students in meeting those expenses that normally are incurred in support of attendance at the University during the current academic session (i.e., basic living expenses and/or to purchase books and supplies), to assist with unexpected emergency family situations (i.e., to travel home for a funeral of an immediate family member, to travel home due to an unexpected family accident or illness) or emergency medical situations (i.e., eye glasses). Short-term loans are NOT be granted to pay tuition fees or debts with the University.
The maximum amount of a short-term loan will not generally exceed $1,000.
You must provide written evidence that you are able to repay a short-term loan within (at maximum) a 90-day period. Listed below are some acceptable means of repayment and what is required for each. Written proof must be submitted along with your completed application form.
Students are normally entitled to be considered for 1 short-term loan per academic year.
If you allow any portion of your short-term loan to become overdue you will be considered a student debtor and the following Queen's Senate regulations will apply:
Any student with an overdue debt with the University will not be permitted to register or to receive examination results, official transcripts, or marks reports until the outstanding account is settled in full or until an acceptable arrangement for settling the account is made by the department(s) concerned.
In no case will a diploma be released to a student with an outstanding debt with the University.
All terms and conditions pertaining to the short-term loan program are outlined on the Short-Term Loan application.
Students should submit a Short-Term Loan application to the Student Awards Office in person (unless studying outside of Kingston).