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Eligibility Criteria

  • The employee must be placed on a Position Specific Furlough (PSF) or Workshare reduction of hours to qualify for an emergency loan.
  • Employees on voluntary leave without pay, voluntary reduction of hours, or campus-wide intermittent furloughs are not eligible for emergency loans.
  • Performance issues or past disciplinary actions do not disqualify employees from receiving an emergency loan.
  • Probationary periods do not disqualify employees from receiving emergency loans.

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Application and Approval Process

  1. Employees request loans via webform or paper form.
  2. Employee identifies payment method (ACH/Paper check) within request.
  3. Application is sent through the approval process approves/rejects application:
  4. Applicant is notified of approval and payment is processed  of payment – within 48 hours of approval

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Employee Loan Application

Paper Forms

English Hmoob/Hmong བོད་ཡིག/Tibetan 中文/Chinese नेपाली/Nepali

 

Web Form

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Frequently Asked Questions

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Can I pay my loan off early?

Does this loan have interest or penalities?

How do I repay my loan?

How long does it take to receive my payment?

After the loan is approved, employees will receive a truth in lending statement and promissory note which includes the approved loan amount. Once the promissory note is signed and returned to OHR,  payment will be made in two business days.

What is the most I can take out for a loan?

Where do I pick up my check?

When will this program end?

Will I need to do a credit check?

Will this loan affect my taxes?

Will this loan impact my credit score?

Contact

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Office of Human Resources -Employee Loan Program
employeeloan@ohr.wisc.edu

Division of Business Services – Accounts Payable
ap-invoices@bussvc.wisc.edu

Building Manager Contact Information

Matt Hanson, Building Manager
Email: buildingmanager@bussvc.wisc.edu
Phone: (608) 628-2019

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