UW-Madison has established an emergency loan program to provide assistance to those employees who are experiencing financial hardship because they have been placed on Position-Specific Furlough or are working reduced hours in a Work-Share program. This program is no longer accepting applications.
Frequently Asked Questions
Loan Repayment
This is an accordion element with a series of buttons that open and close related content panels.
How do I repay my loan?
Loan repayment may be via payroll deduction, check, credit or debit card, or ACH (online transfer of funds).
Can I pay my loan off early?
Yes. Payments can be made before the loan repayment timeframe, and extra payments can be made during the repayment timeframe to pay the loan off early. Additional or early payments can be made via check, credit or debit card, or ACH.
If I took out my loan prior to November 2020, and I chose repayment via payroll deduction, how will the loan payments be deducted from my paychecks?
Each employee emergency loan has a one-year repayment schedule. Payroll deductions for repayment will be spread evenly over all the paychecks you receive in one year. Payroll deductions begin with the first paycheck paid in January 2021 for those who took out a loan prior to November 2020.
If I took out my loan in November 2020 or later, and I chose repayment via payroll deduction, how will the loan payments be deducted from my paychecks?
Each employee emergency loan has a one-year repayment schedule. Payroll deductions for repayment will be spread evenly over all the paychecks you receive in one year. Payroll deductions begin with the first paycheck paid in July 2021 for those who took out a loan in November 2020 or later.
If I choose repayment via payroll deduction, what happens if I do not remain employed at UW–Madison throughout 2021?
If you leave UW–Madison employment before the loan is repaid, you can have the remaining balance owed deducted from your final paycheck, or you can continue to make regular payments directly to Business Services Cash Management.
If I am still experiencing financial hardship and my loan repayment is scheduled to begin, can my repayment schedule be adjusted?
Please contact the Office of Human Resources to discuss your situation at employeeloan@ohr.wisc.edu or 608-265-2257.
If I am unable to make payments via payroll deduction because I am on 100 percent furlough, can my repayment schedule be adjusted?
Please contact the Office of Human Resources to discuss your situation at employeeloan@ohr.wisc.edu or 608-265-2257.
Where to Go for Help
This is an accordion element with a series of buttons that open and close related content panels.
Who should I contact if I have questions about the loan?
If you have questions, contact the Office of Human Resources at (608) 265-2257 or employeeloan@ohr.wisc.edu. You may also contact Accounts Payable, Division of Business Services, at acctg@bussvc.wisc.edu with questions about existing loans.
I need language assistance.
For language assistance, please contact Cultural Linguistic Services:
ESPAÑOL / SPANISH: (608) 265-0838
HMOOB / HMONG: (608) 263-2217
བོད་ཡིག/ TIBETAN: (608) 890-2545
中文 / CHINESE: (608) 890-2628
नेपाली /NEPALI: (608) 262-7521
Contact
Building Information
21 North Park Street
Madison, WI 53715
For language assistance, please contact Cultural Linguistic Services:
ESPAÑOL / SPANISH: (608) 265-0838
HMOOB / HMONG: (608) 263-2217
བོད་ཡིག/ TIBETAN: (608) 890-2545
中文 / CHINESE: (608) 890-2628
नेपाली /NEPALI: (608) 262-7521
Office of Human Resources -Employee Loan Program
employeeloan@ohr.wisc.edu
608-265-2257
Division of Business Services – Accounts Payable
acctg@bussvc.wisc.edu
Building Manager Contact Information
Matt Hanson, Building Manager
Email: buildingmanager@bussvc.wisc.edu
Phone: (608) 628-2019