With less than a month before the loan program's Summer 2012 repayment date, the online application system is currently closed. Please contact the SMMC at 940-369-7761 for information. Fall 2012 loan programs will open on August 20, 2012.
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.
Terms and Conditions
Memorial Loan Repayment Deadlines
We've listed answers to the most commonly asked Memorial Loan program related questions here.
With less than a month before the loan program's Summer 2012 repayment date the online application system is currently closed. Please contact the SMMC at 940-369-7761 for information