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Miscellaneous Private Loan Programs - Supplemental Sources of Financial Aid
Each listing has its own criteria but deadline dates, selection conditions, application processes, and other details change more quickly than we can update this page. Please contact each individual source for complete, up-to-date details.
Alaska Student Loan Program Student Financial Aid Office
Applicants must have been residents of Alaska for two years immediately prior to filing. Loans of up to $6,500/year are available to full-time students at an 8% interest rate. Loans must be paid off over a 10-year period, however if the student remains an AK resident for six years, 50% of the loan will be forgiven.
Deadline: May 15
Michael Murphy Scholarship Fund
Scholarship loans of up to $1,000/year are awarded to needy Alaska residents pursuing a degree in law, law enforcement or a closely related field. Recipients who graduate from a degree program receive forgiveness for 20% of the loan for each year they are employed full time in Alaska in law or in law enforcement related fields.
Deadline: April 1
American Baptist Student Loan Fund
Board of Educational Ministries
P.O. Box 851
Valley Forge, PA 19482-0851
800.ABC.3USA Ext. 2067
Applicants must be U.S. citizens and a member of the American Baptist Church for at least one year prior to applying for assistance. Full-time graduate students may borrow $1,000 annually ($3,000 over three years). Part- time students are eligible for one-half these amount. No interest is charged until graduation, then 7% is charged for the first three years and 8% for the last three years.
Deadline: May 31
Gabriel J. Brown Trust Loan Fund
ATTN: Susan Lundberg, Trustee
112 Avenue E. West
Bismarck, ND 58501
Residents of ND are eligible to apply for loans of an approximate amount of $6,000 at a five percent interest rate. Students must maintain a minimum GPA of 2.50 to maintain their eligibility.
Deadline: May 15 or other times as needed
Central Scholarship Bureau - Loan Program
1700 Reisterstown Road, Suite 220
Baltimore, MD 21208-2903
410.415.5558
info@centralsb.org
Residents of Baltimore City or County, Anne Arundel County, Carroll County, Harford County and Howard County may apply for up to $3,500 for undergraduates and $5,000 for graduates in interest-free loans that can be renewed yearly. The loans are available to students who have exhausted all other sources of aid and still find themselves short. A minimum GPA of 3.00 must be maintained while the student is in school.
Council of Higher Education
See: Ethnic
Feild Co-operative Association, Inc.
P.O. Box 5054
Jackson, MS 39296-5054
601.713.2312
Residents of Mississippi are eligible to apply for $5,000 (maximum) loans at six percent interest. Applicants must show evidence of need and promise of social and financial responsibility. Payments start no later than three months after graduation and are due once a year.
Deadline: None specified
Hebrew Free Loan Society
Student Loans - Executive Director
205 East 42nd Street, 1318
New York, NY 10017
212.687.0188
Candidates must be residents of New York City, or Nassau, Suffolk, or Westchester counties to be eligible for an unlimited number of loans of up to $7,500. Repayment begins one month after the date of the loan and is due in 30 equal payments. Students may apply year-round. Personal guarantors are needed.
Jewish Vocational Service
Jewish Educational Loan Service
ATTN: Marvin H. Berman, Ph.D.
29699 Southfield Road
Southfield, MI 48076
248.559.5000, ext. 266
Students may apply for interest-free loans through the Sarah and Harold Gottlieb Jewish Educational Loan Service (JELS). Applicants for these interest-free loans must be Jewish residents of the Metropolitan Detroit area and full-time students, pursuing undergraduate, graduate or professional education at an accredited college or university in Michigan. Financial need and satisfactory academic progress must be shown.
Deadline: November 16
Kiwanis Club International
Program Development
3636 Woodview Trace
Indianapolis, IN 46268
Local chapters offer educational assistance in the form of scholarships, loans, contests and other help. Students should check local Rotary Clubs and Kiwanis Clubs for further information. For help in locating local clubs, contact Program Development at the above address.
Knights of Columbus Student Loan Program
Student Loan Committee
P.O. Box 1670
New Haven, CT 06507-0901
203.722.2130, ext. 224
Graduate students who are members of the Knights of Columbus or are dependents of members (can be deceased) are eligible to apply for loans of up to $8,500 per academic year. Applicants must be U.S. citizens or resident aliens who are attending an accredited school at least half- time. Evidence of financial need is required.
Deadline: April 1 for fall term and November 1 for winter term.
Lemberg Scholarship Loan Fund
ATTN: Michael Novick, Director
60 East 42nd Street, Suite 1814
New York, NY 10165
Approximately twelve $500 to $5,000 interest-free loans are made to Jewish students unable to obtain a higher education without assistance. Successful applicants assume a moral obligation to repay the loan within ten years.
Deadline: April 1
Presbyterian Church (USA)
Student Loan Program
Office of Financial Aid for Studies
100 Witherspoon Street
Louisville, KY 40202-1396
888.728.7228, ext. 5735
lbryan@ctr.pcusa.org
Graduate students may receive a loan with no interest accruing while the student is enrolled full-time in a degree program. The student must be a member of the Presbyterian Church (USA), a U.S. citizen or permanent resident, enrolled full-time at an accredited institution, in good academic standing and in need of financial assistance. Graduate loan caps will be determined at the time of application and the current interest rate is available upon request.
Mary B. Rubinow and William Rubinow Scholarship Fund
c/o Laurence P. Rubinow, Financial Secretary
555 Main Street
Manchester, CT 06040
Interest-free loans, generally not to exceed $3,000 per school year, are available to residents of Manchester, CT. The loan must be cosigned by a parent and is repayable within five years of receipt.
Applications may only be made on prescribed forms obtainable from: Guidance Office, Manchester High School, 134 Middle Turnpike East, Manchester, Connecticut 06040.
Ruritan National Foundation
P.O. Box 487
Ruritan Road
Dublin, VA 24084
540.674.5431
Interest-free loans in amounts ranging from $500 to $2,500 are available. Interest is charged once the student graduates or drops below half time. Students must be endorsed by Ruritan members. Selection is based on academic achievement and financial need.
Deadline: April 1
Hattie M. Strong Foundation
ATTN: Robin C. Tanner
1620 Eye St., N.W. Suite 700
Washington, DC 20006
Phone: 202.331.1619
Fax: 202.466.2894
Interest-free loans of up to $5,000 per year are awarded on a competitive basis, taking into account motivation, need and self-reliance as well as scholastic record. Only students who are entering their FINAL year of study in a baccalaureate or graduate degree program are eligible. Application forms are sent between January 1st and March 31st. Repayment is based on monthly income after graduation.
Deadline: March 31
U.S. Army Educational Loan Repayment Program
See: Military and Law Enforcement
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