Loan details
Maximum loan amount: $1,000
Interest: 0% (if repaid by the due date)
Standard loan term: 30 days
Maximum term: 90 days (in some cases)Ìý
Processing schedule: Weekly
Application deadline: Wednesday at 4:00 p.m. (with all documents submitted)
Eligibility
You may be eligible if you:
Are currently registered at HÂþ» (full-time or part-time)
Are experiencing a short-term financial shortfall
Can provide proof of your ability to repay the loan
Additional conditionsÌý
You may normally apply once per academic termÌý
(exceptions may be considered)
If a previous temporary loan is more than 30 days overdue, your application may not be considered
Ìý
Note: Students at the University of King’s College should contact King’s Registrar’s Office for their temporary loan program.
How to apply
Fill out the Temporary Loan Application [PDF – 36 kB]
You must provide documentation showing how you will repay the loan. Acceptable documentation includes:
Government student aid
- Copy of your loan assessment or notice of award
- Funding must be sufficient to cover repayment of the temporary loan
Important: You are not eligible if you have already received these funds.
Employment income
Proof of employment including:Ìý
- Pay rate
- Hours per week
- Duration of employment
Parental guarantee
Letter or email from a parent (from their email address) confirming that they will repay the loan if you are unable to do so. The email should include:
- Loan amount
- Repayment date
Teaching or residence assistantships
Employer confirmation of:Ìý
- Salary
- Terms of employment
Graduate fundingÌý
Confirmation of scholarship, fellowship, or award:Ìý
- Amount
- Duration
- Payment schedule
Important: If you are under 19 years old, you must also submit a parental consent letter.
Submit your completed application and documents:
- By email toÌýawards@dal.caÌý
- In person at one of our Halifax or Truro service centres
After you apply
Application statusÌý
You will receive a decision by email to your HÂþ» account.
If approved:
A promissory note will be included that outlines the repayment terms for your loan
You must sign and return it to awards@dal.ca
Receiving your funds
Once your signed promissory note is received:
Funds will be sent by Interac e-Transfer to your HÂþ» email
Processing time is up to 4 business days after receipt of the promissory note.
Repaying your loan
You must repay your loan through the Student Accounts Office by the agreed-upon due date outlined in your promissory note.
Important: If you receive a government student loan, bursaries, scholarships, or other confirmed funding before your loan is due, the emergency loan amount will automatically be deducted from those funds and applied to your loan balance, even if this occurs before the repayment date shown on your promissory note.
Interest and late payments
No interest is charged if the loan is fully repaid on time.Ìý
If the loan is not repaid by the due date:Ìý
Interest will be applied
Account holds may be placed on your student record
Additional penalties may apply (see overdue accounts policies)Ìý