Welcome Alabama State University Employees

Through the Hope Affinity Network, HOPE provides Alabama State University (ASU) employees with affordable financial products and services to help build a brighter future.

Alabama State University employees who meet the following requirements will qualify for a $1,000 unsecured loan:

  • Must have been employed with Alabama State University for a minimum of one year at date of application
  • Required repayment by payroll deduction
  • 10% annual percentage rate (APR)
  • Up to 12-month repayment period
  • Employee can only utilize this employee loan program benefit once every 12 months
    • Employees may apply for additional HOPE loan products as needed in accordance with HOPE’s regular approval processes, but may only have one unsecured loan outstanding at any time.
  • Hope Membership required ($10 membership fee and $15 minimum balance required).
  • Current Hope Deposit Accounts must be in good standing
  • Loans subject to credit approval
  • Underwriting Documentation:
    • Completed and signed HOPE Consumer Loan Application
    • Proof of Identification/SSN
    • Proof of Residence
    • Verification of income from employer (two most recent paystubs)
    • Verification of employment date from employer
    • ASU authorization of agreement for payroll deduction

Please fill out the form below to apply for an employee loan.

  • HOPE Rewards Checking
  • First order of checks free
  • .25% discount on auto loans with payroll deduction
  • 0.50% discount on mortgage origination fees on an approved HOPE mortgage loan
  • Waived 60-day share branching/mobile deposit requirement
  • Free financial education including homebuyer readiness and guidance

Alabama State University Employee Loan Program Request Form

  • Have you been employed with Alabama State University for at least a year?