Credit Care Plus

Private families or organizations established many of the loan accounts as early as 1920. The following guidelines allow us to offer the Short Term Loan as a valuable resource for students who are in need, thereby complying with the intent of the donors as stated in the creation of the loan funds, while also maintaining the financial integrity and continued use of the funds. The short-term loan funds were the original source of financial aid before the federally funded programs were established.

A short term loan is a loan students borrow and repay in the same semester by a posted due date. Short term loan funds must be used only to pay for educational expenses at VSU, including additional expenses for certain majors. Short term loans should not be used to pay for personal bills such as utilities, car insurance, baby sitters, gasoline, VSU holds, etc. These loans may, however, be approved to pay the student's future term VSU Banner account charges before the future term begins, but must not be given as a cash advance on a student's future term financial aid prior to the first day of class of that term unless specifically approved by the Bursar.

Source: Valdosta.edu