Student Crisis Loan Fund / Division of Student Life
608-263-5700 -- Division of Student Life
Hours of Operation: Monday - Friday 8:00 a.m. - 4:30 p.m.
Winter and Summer Drop-in Hours: Monday-Friday 8:30 a.m. - 11:30 a.m. and 1:00 p.m. - 4:00 p.m.
70 Bascom Hall
500 Lincoln Dr
Madison, WI 53706-1380
The Student Crisis Loan Fund is an emergency assistance program for undergrad, grad and professional students with an unexpected financial crisis whose academic continuation can be ensured by a small, short-term loan. These loans are generally under $500. They may not be used for paying tuition/fees or any fines. Dollars for this fund are from generous gifts from private donors and from the proceeds of fundraising efforts by student organizations. Short term loans should be paid back within three months and are interest-free during those six months. If a loan becomes past-due, then 8% interest is charged.
*Note: Persons applying for crisis loan funds must be enrolled at the time of application (if applying between semesters, you must have been enrolled during the previous term and be enrolled for the following term). If a student has an outstanding short-term loan, they are not eligible for further loans until the previous loan is paid. In order to obtain a short-term loan during the summer, you must be enrolled in summer classes.
A copy of the application form is available to download from the above website. Download the form before contacting the Assistant Dean to set up an appointment.
Common Uses for a Crisis Loan:
- Unexpected Medical Expenses
- Car Repair
- Travel Expenses for Family Emergency
- Replacement of items due to theft/fire damage
Reasons to contact the Dean On-Call:
- Conflict Mediation
- Problem Solving
- Assistance for victims
- Family Emergency
- Concern for others