Employees may face a myriad of financial challenges that can arise suddenly and without warning. From unexpected medical expenses to sudden home or auto repairs, these emergencies can strain even the most meticulously planned budgets. ACC’s Employee Associations joined together to create and launch the ACC Employee Emergency Fund to help support our employees through these unforeseen financial hurdles and create a safety net for emergency funds that may be used to help cover such necessary expenses.

Eligible Employees must meet the following criteria:

  • Belong to one of the ACC Employee Associations (Classified, Professional-Technical, Full-Time Faculty, or Adjunct Faculty).
  • Must have worked for the college for a minimum of 180 days (6 months).
  • For grant: must not have been awarded a grant in the previous 2 years.
  • For loan: must not have an outstanding loan already in repayment

The Employee Emergency Loan Fund can help you with unanticipated financial emergencies. Examples might include:

  • Funeral arrangements or travel funds to attend the funeral for immediate family members (spouse, parent, brother, sister, child, grandparent, grandchild, father-in-law, mother-in-law, brother-in-law, sister-in-law, son-in-law, daughter-in-law, stepparent, stepbrother, stepsister or stepchild)
  • Transportation issues (car accident, emergency repair for vehicle, etc)
  • Loss due to natural disaster (fire, tornado, flood, etc.)
  • Significant medical expenses not covered by insurance for employee, spouse/significant life partner living in the same household for at least 12 months, or dependent.

Employees are encouraged to apply for one of the two types of financial assistance listed below under circumstances that they deem to be an emergency. Loans have a higher allotment, but will need to be paid back, and grants are smaller amounts with no obligation to pay back. For details see the terms listed for each below:

Loan Terms

  • Must be paid back by the employee
  • Maximum amount of loan: $2,000
  • No interest
  • Term (duration) of repayment: 12 months
  • Frequency: Only one outstanding loan at a time
  • Payroll deduction required for repayment

Grant Terms

  • Does not need to be paid back
  • Maximum amount of grant: $500
  • Frequency: No more than one grant may be awarded within two years
  • The emergency must be clearly defined and supporting documents must be submitted with the request form
  • Individuals who consistently apply for an emergency grant  may be required to complete a money management module offered by the Student Money Management Office

How to Apply

Eligible employees must fill out the online application detailing the emergency situation, and submit supporting documentation (such as receipts, invoices, bank statements, bills, police reports, pictures of damaged property, etc.). Not submitting this additional documentation may delay or affect the outcome of the request.

Apply Here

Questions regarding Employee Emergency Fund should be addressed to eef-group@austincc.edu.

Additional Resources for Help: