Guidelines for
Awarding Loans

GPA - average and above
Income - variable depending on circumstances
Work Experience
Scholarships/Grants
Applicants Goals or use for loan
Maximum Loan is $2,500 a year


Interest Rates

No interest is charged for the first six months after the student leaves school.

The rate of interest is 5% for the first year, progressing to 6% eighteen months after leaving school.