Money Management

Loans

Only UNT Denton campus students are eligible to apply for Student Money Management Center loans.

THE ONLINE APPLICATION SYSTEM IS CURRENTLY OFFLINE. APPLICATIONS WILL BE ACCEPTED IN PERSON IN THE SMMC OFFICE, CHESTNUT HALL 313.

Memorial Loan Program

The Memorial Loan was established as a resource of last resort for students to address unanticipated or emergency expenses immediately threatening their enrollment. The loan program is not intended to serve as an alternative loan resource between financial aid disbursement dates. A one-time 1% interest rate is applied to the loan.

Repayment of a loan and interest fee is the responsibility of the student and is required to be repaid by the student by the repayment date as defined on the promissory note.

Bailey Loan Program

The Bailey Loan Program was established as a resource of last resort for Denton-campus students to address unanticipated UNT-affiliated expenses immediately threatening their enrollment. The loan program is not intended to serve as an alternative loan resource between financial aid disbursement dates. Loans are available up to a maximum of $1,000 and are distributed through the student's established Higher One refund preference. A flat $45 origination fee is applied to the loan. Student may apply for one loan per academic year and are only eligible to apply for Bailey Loans during the fall and spring semesters.

This is a closed application system requiring interested students to contact the center to discuss eligibility, need, and repayment prior to gaining access to the online application system.

Repayment of a loan and fee is the responsibility of the student and is required to be repaid by the student by the repayment date as defined on the promissory note.

Green Loan Program

Green Loan is a needs-based $50 cash loan to help eligible students address unanticipated expenses. A flat $3.00 origination fee is applied to the loan.

This is a closed application system requiring interested students to contact the center to discuss eligibility, need, and repayment prior to gaining access to the online application system.

Repayment of a loan and fee is the responsibility of the student and is required to be repaid by the student within 10 business days from the loan disbursement date. Only Denton-campus students are eligible to apply for this loan program.

Boots-to-Books (B2B) Loan Program

The B2B Loan Program is a needs-based, principal-only loan in the form of a line of credit with the Barnes & Noble Bookstore located on campus to help eligible student veterans or benefits-eligible dependents purchase needed textbooks and course materials while their aid and benefits are being processed. Neither an interest fee nor origination fee is applied to the loan.

Repayment of a loan is the responsibility of the student and is required to be repaid by the student by the repayment date as defined on the promissory note. Only Denton-campus student veterans and benefits-eligible dependents are eligible to apply for this loan program.

Sewell Loan Program

Sewell Loans are short-term loans available to qualified BBA and BS/MS students majoring in accounting. The loans can be used for tuition and course materials at the beginning of fall and spring registration periods. Maximum consideration of a loan award is $1,000.

This is a closed application system requiring for interested students to first meet with a Department of Accounting representative to determine eligibility and repayment ability before access to the online application system is granted.

Repayment of a loan and processing fee is the responsibility of the student and is required to be repaid by the student due date specified in the Jane Sewell Loan Promissory Note. Only Denton-campus declared accounting majors are eligible to apply for the loan program.

A Memorial Loan is a short-term, needs based emergency loan that enables students to remain enrolled. Loan amounts vary reflecting the needs-based assistance requested by each applicant. Only Denton campus students are eligible to apply for a loan. The maximum level of support a student may apply for during the fall and spring semesters is $500. A 1% annual interest rate is applied to the loan. Repayment of a loan and interest is the responsibility of the student and is required by the student to repay as defined by the terms stated in the promissory note. Application and loan processing dates vary with each semester. Students are limited to 1 loan per semester.

Accounts will be considered late one (1) day past the repayment date stated in the signed promissory note and assessed an additional $25. An account will be considered default and assessed an additional $25 penalty fee thirty-one (31) days past the repayment date stated in the signed promissory note.

The Summer 2015 Memorial Loan Program is open for students who qualify. Review eligibility requirements.

In order to be eligible to apply, students must be enrolled in the summer semester, have no past due or prior term balances, and no financial blocks on their accounts. Loans are set at a maximum of $197.

Eligibility Requirements

  • Must be a UNT Denton campus student
  • Must be at least 18 years of age
  • Must be enrolled in the current semester
  • Must not have any financial obligations to the university
  • Must show the ability to repay the loan and interest
  • Student account must be clear of all negative service indicators
  • Must have a minimum 2.0 cumulative UNT GPA*
* Special exception granted to first-semester students.

Repayment Deadline

Spring 2015 - April 3, 2015

Summer 2015 - TBD

Terms and Conditions

  • $500 is the maximum level of support for Fall and Spring semesters
  • $197 is the maximum level of support for the Summer semesters
  • 5 to 7 business days are required to process a loan application
  • A Memorial Loan cannot be used for current tuition, on-campus housing, prior balances, and study abroad payment
  • A signed promissory note is required to be on file before disbursement of loan occurs
  • Accounts in late status (one day past the due date) will be assessed an additional $25 penalty fee
  • Should a loan become late the applicant is ineligible to apply for any of the SMMC loan programs for twelve months.
  • Accounts in default status (thirty-one days past the due date) will be sent to a collections agency and assessed an additional $25 penalty fee; the student's credit will be negatively impacted by these actions
  • Transcript and registration blocks will be applied to late and default accounts
  • Students may apply for one (1) loan per semester

A Bailey Loan is a short-term, needs based loan that enables Denton-campus students to remain enrolled. Loan amounts vary reflecting the needs-based assistance requested by each applicant. Only Denton campus students are eligible to apply for a loan.

The maximum level of support a student may apply for is $1,000 during the Fall and Spring Semesters; $500 is the maximum level for Summer semesters. A $45 origination fee is applied to the loan. Repayment of a loan and fee is the responsibility of the student and is required by the student to repay as defined by the terms stated in the promissory note. Application and loan processing dates vary with each semester. Students can only apply for one Bailey Loan per academic year. Students become ineligible to apply to any other SMMC loan program for the remainder of the academic year with the acceptance of a Bailey Loan.

Accounts will be considered late one (1) day past the repayment date stated in the signed promissory note and assessed a $25 penalty charge. An account will be considered default and assessed an additional $25 penalty charge thirty-one (31) days past the repayment date as stated in the signed promissory note.

Eligibility Requirements

  • Must be at least 18 years of age
  • Must be a UNT Denton campus student
  • Must be enrolled in the current semester
  • Must have a 2.5 cumulative GPA*
  • Must show the ability to repay the loan and processing fee by the scheduled repayment date

*Special exception granted to first-semester students.

Repayment Deadline

  • Spring 2015 - April 3, 2015
  • Summer 2015 - August 10, 2015

The Summer 2015 Bailey Loan Program open for students who qualify. Review eligibility requirements.

Terms and Conditions

  • $1,000 is the maximum level of support for a loan in Fall and Spring semesters; $500 is the maximum level in Summer semesters
  • Students are only eligible for one (1) Bailey Loan each academic year; once a Bailey Loan is disbursed, students will not be eligible for any additional Student Money Management Center loans for the remainder of the academic year
  • A Bailey Loan cannot be used for parking fees, citations, or library fines
  • Additional categories of expenses that may be eligible for a Bailey Loan are at the discretion of the loan program staff
  • A signed promissory note is required to be on file before disbursement of loan can be processed
  • 5 to 7 business days are required to process a loan from receipt of a signed promissory note
  • Accounts in late status (one day past the due date) will be assessed an additional $25 penalty charge
  • Should a loan become late the applicant is ineligible to apply to any of the SMMC loan programs for twelve months following repayment
  • Accounts in default status (thirty-one days past the due date) will be sent to a collections agency and assessed an additional $25 penalty charge; the student's credit will be negatively impacted by these actions
  • Transcript and registration blocks will be applied to default accounts
  • Students may apply for one (1) loan per academic year
  • Student becomes ineligible to apply to any other SMMC loan program for the remainder of the academic year with the acceptance of a Bailey Loan

The Green Loan Program was established through a lead gift from Dr. Allan Saxe and the financial support other sponsors to provide students at the University access to a small amount of money lent on the agreement that it will be repaid when the borrower receives their next paycheck or within ten business days.

The cash loans enable students to pay expenses (such as groceries, gasoline, medication, etc.) not exceeding $50. A one-time $3 origination fee is applied to the loan. Repayment of a loan and fee is the responsibility of the student and is required by the student to repay as defined by the terms stated in the promissory note.

Accounts will be considered late one (1) day past the repayment date stated in the signed promissory note and assessed a $10 late penalty. An account will be considered default and assessed an additional $10 default penalty fee twenty-one (21) days past the repayment date stated in the signed promissory note.

Eligibility Requirements

  • Must be a UNT Denton campus student
  • Must be at least 18 years of age
  • Must be enrolled in the current semester
  • Must show the ability to repay the loan and fee
  • Student account must be clear of all blocks
  • Must have a minimum 2.0 cumulative UNT GPA*

*Special exception granted to first-semester students.

To Apply

Applications are accepted only in the Student Money Management Center:

University of North Texas
Chestnut Hall, Suite 313
Denton Campus
940.369.7761

Repayment Deadline

10 business days from the loan's disbursement date.

FAQs

We've listed answers to the most commonly asked Green Loan program related questions here.

Terms and Conditions

  • Loans and fees must be repaid in exact cash in the UNT Student Money Management Center located in Chestnut Hall, Suite 313.
  • Applications are accepted only in the UNT Student Money Management Center.
  • A $3 origination fee is applied to each loan.
  • Applications will not be accepted if the 10-business day repayment period includes any dates the University is officially closed.
  • A signed promissory note is required to be on file before disbursement of loan occurs.
  • Accounts in late status (one day past the due date) will be assessed an additional $10 penalty fee.
  • Accounts in default status (twenty-one days past the due date) will be sent to a collections agency and assessed an additional $10 penalty fee; the student's credit will be negatively impacted by these actions.
  • Should a loan become late the applicant is ineligible to apply to any of the SMMC loan programs for twelve months.
  • Transcript and registration blocks will be applied to late and default accounts.
  • Students may apply for two (2) loans per semester.
 

Please Note: The Boots-to-Books loan application process requires interested students to first meet with a SMMC loan program team member before gaining access to the application.

The Summer B2B Loan Program will open on 5/11/15 for students who qualify. Review eligibility requirements..

A Boots-to-Books (B2B) Loan is a short-term, needs-based loan disbursed as a line of credit with the Barnes & Noble Bookstore located on campus that enables student veterans or benefits-eligible dependents to purchase needed textbooks or course materials. Loan amounts vary reflecting the needs-based assistance requested by each applicant. Only Denton campus students are eligible to apply for a loan. The maximum level of support a student may apply for during the fall and spring semesters is $500. There is no interest or origination fee associated with this loan. Repayment of a loan and interest is the responsibility of the student and is required by the student to repay as defined by the terms stated in the promissory note. Application and loan processing dates vary with each semester. Students are limited to 1 loan per semester.

Accounts will be considered late one (1) day past the repayment date stated in the signed promissory note and assessed an additional $25. An account will be considered default and assessed an additional $25 penalty fee thirty-one (31) days past the repayment date stated in the signed promissory note.

Eligibility Requirements

  • Must be a UNT Denton campus student
  • Must be at least 18 years of age
  • Must be classified as a student veteran or benefits-eligible dependent
  • Must be enrolled in the current semester
  • Must not have any financial obligations to the university
  • Must show the ability to repay the loan
  • Loan must be for textbooks or course materials only
  • Must have a minimum 2.0 cumulative UNT GPA*

*Special exception granted to first-semester students.

Repayment Deadline

  • Spring 2015 - April 3, 2014
  • Summer 2015 - TBD

FAQs

We've listed answers to the most commonly asked Boots-to-Books Loan Program related questions here.

Terms and Conditions

  • $500 is the maximum level of support for Fall and Spring semesters
  • $197 is the maximum level of support for the Summer semesters
  • Loan applications are processed in real time
  • A Boots-to-Books Loan can only be used to purchase needed textbooks or course materials from the Barnes & Noble Bookstore located on campus
  • A signed promissory note is required to be on file before disbursement of loan occurs
  • Accounts in late status (one day past the due date) will be assessed an additional $25 penalty fee; the student's credit will be negatively impacted by these actions
  • Accounts in default status (thirty-one days past the due date) will be sent to a collections agency and assessed an additional $25 penalty fee; the student's credit will be negatively impacted by these actions
  • Transcript and registration blocks will be applied to late and default accounts
  • Registration block will be applied to late default accounts
  • Students may apply for one (1) loan per semester
 

The Jane Sewell Endowment in Accounting was established to provide loan and scholarship support for junior or senior year students at the University who are majoring in Accounting or who are pursuing a graduate degree in Accounting at the University.

Loan amounts are short-term needs based loans that enable students to pay tuition and course materials at the beginning of registration during fall and spring registration periods amounts not exceeding $1,000. A one-time $45 origination fee is applied to the loan. Repayment of a loan and fee is the responsibility of the student and is required by the student to repay as defined by the terms stated in the promissory note.

Accounts will be considered late one (1) day past the repayment date stated in the signed promissory note and assessed $25. An account will be considered default and assessed an additional $25 penalty fee thirty-one (31) days past the repayment date stated in the signed promissory note.

Eligibility Requirements

  • Must be a UNT Denton campus declared accounting major student
  • Must be at least 18 years of age
  • Must be enrolled in the current semester
  • Must not have any financial obligations to the university
  • Must show the ability to repay the loan and fee
  • Student account must be clear of all negative service indicators
  • Must have a minimum 3.0 cumulative UNT GPA

Repayment Deadlines

  • Fall Loans – October 25, 2014
  • Spring Loans – March 3, 2015
  • Summer Loans – Program Closed

Terms and Conditions

  • $1,000 is the maximum level of support for fall and spring semesters (no summer loans)
  • A one-time $45 origination fee is applied to the loan
  • 5 to 7 business days are required to process a loan application
  • Loan can be used for tuition and course materials only
  • A signed promissory note is required to be on file before disbursement of loan occurs
  • Accounts in late status (one day past the due date) will be assessed an additional $25 penalty fee
  • Should a loan become late the applicant is ineligible to apply for any of the SMMC loan programs for twelve months
  • Accounts in default status (thirty-one days past the due date) will be sent to a collections agency and assessed an additional $25 penalty fee; the student’s credit will be negatively impacted by these actions
  • Transcript and registration blocks will be applied to late and default accounts
  • Student may apply for one (1) loan per semester