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ETFL FAQs

Does my financial aid automatically pay my Emergency Tuition and Fees Loan (ETFL)?
Your financial aid refund may be applied toward your ETFL, but this is not always the case. It is your responsibility to use any refunds issued to you to repay an outstanding ETFL and to ensure your outstanding ETFL balance is at zero by the due date.
Where can I pay my ETFL?
You may make payments on your ETFL in the Cashiers' Office in Student Business Services located in the General Services Complex, through the Howdy Portal at howdy.tamu.edu, click on My Finances and Pay/View MyAggieLoans, or log in to myaggieloans.tamu.edu.
Am I eligible for more than one ETFL in the same semester?
Yes, as long as you are not past due on a previous ETFL, you are eligible to take out more than one loan in the same semester for outstanding required tuition and fees.
Are extensions available for ETFL?
All repayment arrangements are handled by Student Business Services at the General Services Complex. You may contact their office at (979) 847-3337 or sbs@tamu.edu.
What is the simple interest rate on the ETFL?
The interest rate on all ETFLs is 5% per annum and a late fee will be assessed after the due date for any unpaid balances. There is also a $10 processing fee that must be repaid with the loan.
How do I apply for an ETFL?
The application for an ETFL is available online at sfaid.tamu.edu/stlapp.
How do I receive the funds for the ETFL?
The ETFL funds are applied to your student billing account, so you will not receive any funds directly.
What is the maximum amount I can borrow with the ETFL?
The maximum amount you can borrow is the amount due on your required tuition and fees for the term in which you are applying. This loan will not cover optional fees (sports passes, parking etc). If you need money to pay for optional fees, please consider a Short-Term Loan.
I have borrowed an ETFL in a previous semester. Do I need to sign a new promissory note?
You do not need to sign a new promissory note if you have borrowed an ETFL in a previous semester.