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Emergency financial aid can take a variety of forms, including tuition waivers, financial aid advances or small personal loans. These measures are designed to help students avoid an interruption in their college studies due to an unforeseen emergency. The most common situations that may lead to a student’s eligibility for emergency financial aid include: Mark Twain’s challenge to the industrialist certainly applies to us today. We don’t need to stand on the top of a mountain to profess our faith. A viable option for cash support in between paydays may come in the form of a paycheck advance . A paycheck advance is a small, short-term loan usually payable in fourteen (14) days or less-typically in time for the borrower’s next payday. The borrower would have to write a check which will include the principal plus a fee which will then be deposited by the lender on the specified date. Proceeds of the loan are immediately released to the borrower upon the completion of minimal requirements.
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