BYU Short-Term Loan

The BYU Short-Term Loan is designed to help students pay tuition by the final tuition deadline if financial aid or other payment arrangements have not been finalized. Short-term loans are subject to a $20 processing fee.

• Loans begin accruing interest if not paid in full by the due date (12% per year).
• Students with a Short-term Loan will have a registration hold until the loan is fully paid. This hold prevents class registration and adding classes to your cart, even if your registration period is before the loan's due date.
• You will not be allowed to take out an additional short-term loan for another semester until your previous short-term loan is paid in full.
• BYU is unable to extend short-term Loan credit to students who do not have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) on file with the university. If you have a SSN/ITIN, enter it into the BYU Information System. If you are working to get an SSN/ITIN and you would like to explore options for a short-term loan, contact Enrollment Services.