KU Endowment Loan

In the event that an employee would miss their regularly scheduled paycheck due to an administrative error out of their control, the KU Endowment Association will grant a payroll loan. The loan will not exceed 60% of the gross wages due to the employee for that specific paycheck.

The Payroll office is the only authorized department at the University who may initiate and sign for a payroll endowment loan. Loans will not be granted in cases where the employee themselves caused the delay due to untimely submission of documents, such as late timesheets.