Eligible employees can now apply for a short-term loan (no more than $500) in the event of an emergency. Loans are interest-free and paid back via payroll deduction. Examples of situations warranting the use of an emergency loan may include: a family medical emergency, threatened foreclosure, eviction, rent arrears at a primary residence, emergency automobile repairs and termination of utilities.
For more information about eligibility, program criteria and the process for repaying a loan, visit the University Human Resources website.
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