BYU Short-Term Loan

The BYU Short-Term Loan is a temporary loan to help you pay tuition by the final tuition deadline while you finalize financial aid or other payment arrangements. Short-term loans have a $20 processing fee.

• Loans accrue 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 for future semesters and adding classes to your cart, even if your registration period is before the loan's due date.
• You cannot take out an additional short-term loan for another semester until your previous short-term loan is paid in full.
• BYU cannot 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 would like to explore options for a Short-term Loan, contact Enrollment Services.