|
|
 |
Various Programs Described
|
Education is key to both individual success and the health of our community.
|
|
Interest-Free Loan Program
The Scholarship Foundation awards more than $3 million per year in interest-free loans to help financially needy students pay for their educational expenses.
Program Highlights
- Renewable, interest-free, fee-free student loans available up to $7,000
- Application deadlines April 15 and November 15
- 12 month grace period following graduation Repayment scheduled over five years after grace period
Deedee Becker Loan Fund
Established by the Becker family as a memorial to Deedee Becker, this fund provides interest-free loans to students of nursing with significant financial need. The program offers assistance year-round to students pursuing a degree or certificate in nursing at the undergraduate level.
Emergency Loan Program
The Scholarship Foundation provides emergency interest-free loans to students experiencing unforeseen and unplanned circumstances such as a family crisis, illness, death of a parent, or major change in sources of support during a current academic term. Call the Foundation office at 314-725-7990 for pre-screening.
The Scholarship Foundation provides $300,000.00 in grants annually. Applicants submitting a completed application the interest-free loan will be evaluated for grant eligibility at the time of application.
Applicants can not apply directly for grants through The Scholarship Foundation.
The ScholarShop offers employment opportunities for students who will attend a local school. ScholarShop Assistants gain retail work experience and a flexible schedule. If you are interested in learning more, please call The Foundation at 314-725-7990
Who can apply for the SF
Interest-Free Educational Loan?
- Applicant must be a citizen of the
United States
or in possession of an Alien Registration Card.
- Applicant must be a permanent resident (defined as having primary home of record within and limited to) the St. Louis metropolitan area, i.e, St. Louis city or the Missouri counties of St. Louis, Franklin, Jefferson, Lincoln, St. Charles or Warren, or the Illinois counties of Clinton, Jersey, Madison, Monroe, or St. Clair for at least two years prior to the date of the application.
- Must demonstrate financial need
- Must have achieved a minimum cumulative 2.0 grade point average.
- Must plan to enroll in or be currently enrolled in a degree program at an accredited nonprofit higher education institution.
- Must be a responsible borrower, without history of educational loan default or bankruptcy. In some instances, a statement of exceptional circumstances will be considered.
All fields of study, except the ministry, are eligible for funding.
Students who have already obtained a bachelor`s degree or are seeking a second associates degree are not eligible for the interest-free loan program.
Additional eligibility requirements may apply depending on the specific program. Please see our application or contact the Scholarship Foundation office for more details.
|
|
|
|
|
