HP Pre-Loan Application

The purpose of the Health Professions (HP) Pre-Loan Application is to provide an advance to continuing HP students who are expecting a refund from their financial aid disbursement. A refund is available when the amount of financial aid, including any grants, scholarships, and federal or private loan funds, exceeds the amount of the student's tuition, fees, and any other allowable charges billed to the student's account for a given semester/term. HP Pre-Loan applications will be reviewed NO EARLIER than five weeks before the first day of classes for the semester/term the loan is being requested. Once an application has been approved, funds will be issued within 3 to 5 business days. Funds will be directly deposited to the student's bank account by the Office of the University Bursar if the student has signed up for Direct Deposit. If no Direct Deposit has been established, a check will be mailed to the student's address on file. To verify or update your preferred mailing address on file, enter the Personal Information page in Self-Service Banner. Checks are not available for pick-up.

To qualify, students must meet the following requirements:

The financial aid file must be complete for the period in which the loan is being requested (all requested documents must have been submitted).
Verification, if required, must have been completed.
The amount of aid awarded for the semester/term must be sufficient to cover all costs AND the emergency loan.
The student must have been awarded for the semester/term.
The student's registration and tuition must be posted for the semester/term.
Classes must be starting within five weeks of the request.
The student must be a continuing student who has completed all admission requirements for his or her HP degree program.
Only one HP Pre Loan per semester/term may be requested.
The student must be meeting Satisfactory Academic Progress (SAP) requirements.

Loan Amounts and Processing Fees

Maximum Loan Amount (contingent on eligibility): $2,000
The following processing fees apply:

Up to $ 1,000	$ 25.00
$ 1,000 to $ 2,000	$ 50.00

Note: All fields marked with a * below are required. All other fields are optional.

User Information

First Name:

Last Name:

Email:

NSU ID:

Amount Requested:

Term:

Academic Year:

Promissory Note

I promise to pay to the order of Nova Southeastern University, 3300 S. University Drive, Fort Lauderdale, FL 33328-2004, or its assignee, the sum of the approved HP Pre-Loan Application on or before the last day of the term for which the loan was incurred or upon arrival of my financial aid funds for the semester/term, whichever occurs first.

Should financial aid funds include federal Title IV aid, I authorize Nova Southeastern University to apply my Title IV funds to repay this loan.

I waive presentment for payment, demand, and notice of dishonor and protest. In the event of nonpayment when due of the amount advanced to me, I will no longer be able to benefit from the HP Pre-Loan Fund, and furthermore, Nova Southeastern University may charge, and I agree to pay, interest upon all past due and unpaid amounts at the maximum rates permitted by law. I agree to pay Nova Southeastern University all costs and reasonable attorney's fees owed hereunder or such greater amount as a court may determine is reasonable.

The university agrees that I may at my option and without penalty, prepay all or any portion of the principal and accrued interest at any time. It is agreed that this note and the rights and obligations of Nova Southeastern University and the maker hereunder shall be interpreted, enforced, and construed in accordance with the laws of the state of Florida.

I understand that Nova Southeastern University may withhold grades, diploma, student privileges and services, readmission, and may administratively withdraw my registration, if payment is not made in accordance with the above schedule. I acknowledge receiving a copy of this promissory note.

This promissory note may not be orally modified in any regard whatsoever since this promissory note is the complete and full agreement of the parties to said note.

Please verify that you have completed all required fields and are not a robot before submitting this form.