Memorial Loan

Please Note: The Summer 2014 Memorial Loan Program is closed for the remainder of the summer. Fall 2014 loan programs will open on August 18, 2014.

Eligibility for Fall 2014 will require fall semester enrollment and a minimum 2.0 cumulative UNT GPA (exception for incoming freshmen and transfer students). Students may not have past due or prior semester balances, and have no financial blocks on their accounts. Fall Memorial Loans are set at a maximum of $500.

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. Summer loans are set at a maximum of $197. 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.

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.

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

Repayment Deadline

  • Summer 2014 - August 4, 2014
  • Fall 2014 - November 3, 2014


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