An Emergency Loan (advance of student financial assistance) may be available in a crisis situation for a student who is approved for and awarded financial aid funds that exceed the total cost (tuition, books, fees, etc.) to enroll in classes at Daytona State College. However, it must be determined that the student is eligible to receive the funds, based on enrollment status and class start date. The advance request will be considered if there has been an unforeseen delay in the student’s disbursement based upon normal award and disbursement guidelines having been met. An emergency loan can be requested only once during enrollment at the college.
To be considered for an emergency loan, the student must be experiencing an unexpected financial hardship that has a direct impact on the student’s ability to function in the classroom. Such financial hardships may include foreclosures, documented disconnection of utility services or residential evictions. In all cases, the advance will be made to the third party. An emergency loan may be requested to purchase required equipment and supplies for classes that are not obtainable in the Daytona State College bookstore. Likewise, an emergency loan may be requested to cover a student’s licensure examination fee, which must be scheduled prior to the student’s graduation from Daytona State.
Emergency loans are not approved automatically and are reviewed on an individual student-by-student basis. Students requesting an emergency loan should visit the Financial Aid Services office located on the Daytona Beach campus in Building 100, Room 104 to begin the application process. For additional information or questions, please contact 386-506-3013.