Emergency Loan Program

The Emergency Loan Program (ELP) provides NC State faculty, staff, county employees, and house officers/post docs with financial assistance to borrow money for short-term emergency situations. Eligible employees can apply for a short-term emergency loan which is paid back to the university via payroll deduction in accordance with the program criteria and process.

Examples of situations warranting the use of an emergency loan, may include, but are not limited to: a family medical emergency, threatened foreclosure, eviction, or rent arrears from a primary residence, emergency automobile repairs, or termination of utilities.

Eligibility

Permanent faculty and staff, county employees, and house officers/post docs, employed with NC State University with at least 12-months of continuous university service, are eligible to apply for an interest free loan between $100 and $500.

More Information

For complete information on how to apply for an emergency loan, repayment options, and program criteria, visit HRNow.