Employee Emergency Loan Funds

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University employees facing a financial crisis may be eligible for one of two emergency loan options. The EAP helps confirm eligibility and guides employees in selecting the loan option that best fits their individual situation.

To qualify, employees must:

  • Have at least six months of university employment, and
  • Be in a non‑probationary status.
broken piggy bank

Loan Options

Employee Donation Fund

  • Loan amount: Up to $1,000
  • Cost: No fees and 0% interest
  • Repayment: 12 months through payroll deduction
  • Qualification: Must demonstrate a qualifying emergency
  • Application: Apply through the EAP
  • Requirements: Proof of loan denial required; no credit check
  • Payment: Funds are paid directly to vendors
  • Approval: Reviewed and approved by an advisory committee

NUFCU Community Impact Fund

  • Loan amount: Up to $2,400
  • Cost: No fees and 0% interest
  • Repayment: 12 months flexible, paid online
  • Application: Online
  • Requirements: Soft credit check
  • Payment: Funds are paid to the employee
  • Approval: Community Impact Fund Employees 
  • Savings incentive with Nebraska University Federal Credit Union (NUFCU)