Loan Description: Education Loan

Address the gap that is often needed in order to pursue undergraduate, graduate, vocational and technical schools. This burden often comes between the student attending or finishing their education. These loans are need-based.

Important things to know:

  • Loans are need based, not merit based.
  • The maximum loan request per year is $7,500.
  • The student must be enrolled in a full time undergraduate program (either a two year or four year program) or an accredited vocational course.
  • One co-signer living in the 8 county service area (Cuyahoga, Geauga, Lake, Lorain, Mahoning, Medina, Portage and Summit) is required for the first $7,500 request. one additional co-signer is required for the second request. A previous co-signer or a new co-signer will be required for subsequent requests.
  • Requests can be made throughout college, however, the aggregate amount cannot exceed $10,000, and no more than $7,500 may be outstanding at a time.

Learn more: How to Apply

Download the application below. 

Education Loan Application

If you are applying for undergraduate school or a technical or vocational school, download the Education Loan Application above.

Graduate Loan Application

If you are applying to graduate school, download the Graduate Loan Application above. 

Featured image: Education Loan-Recipient, Jeremy; Owner of Larder Delicatessen