Interest-Free Loan: Evalee C Schwarz Charitable Trust for Education

Interest-Free Loan: Evalee C. Schwarz Charitable Trust for Education

Deadline:  April 11

Eligibility:

  1. Be a U.S. citizen at the time of application.
  2. Qualify for financial need in the form of government grants.  Please complete the Free Application for Federal Student Aid (FAFSA).
  3. Be enrolled in a school in the state in which the student resides.
  4. Demonstrate an outstanding combination of class rank and standardized test scores. Test scores must be in the top 10% of nation-wide scores.
  5. Not be seeking a law degree.

Loan amounts generally range from $5,000 to $15,000, with a $50,000 lifetime cap per student.Repayment begins one year after graduation, or one year after discontinuation of school. Repayment is structured over a ten year period, and is calculated on an increasing sliding payment scale.

Please visit the website for more information.

(updated 2.20.17)

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