The Ross Loan Fund

How to apply

This foundation reports that it accepts applications.

THE ENTITY HAS DEVELOPED A STANDARD ONLINE APPLICATION THROUGH CAMPUS DOOR HOLDINGS, INC. APPLICATION QUESTIONS FOR THE APPLICANT INCLUDE BORROW/COSIGNER DEMOGRAPHIC INFORMATION, BORROWER ENROLLMENT AND LOAN REQUEST DATA; BORROWER/COSIGNER EMPLOYMENT AND INCOME INFORMATION, AND REFERENCE INFORMATION.

Deadlines: APPLICATIONS RECEIVED PRIOR TO MARCH 31 WILL RECEIVE A CREDIT DECISION IN APRIL.

Restrictions: BORROWER MUST BE A GRADUATE OF THE CHAMBERSBURG AREA SCHOOL DISTRICT OR OTHER SECONDARY SCHOOL IN FRANKLIN COUNTY, PA. BORROWER MUST BE ENROLLED AT LEAST PART TIME AT AN ELIGIBLE SCHOOL DEFINED AS ANY COLLEGE OR PROFESSIONAL SCHOOL ON THE U.S. DEPARTMENT OF EDUCATION DATABASE OF ACCREDITED POSTSECONDARY INSTITUTIONS AND PROGRAMS OR ANY DEGREE GRANTING INSTITUTE OF HIGHER LEARNING APPROVED BY THE PENNSYLVANIA STATE DEPARTMENT OF EDUCATION. BORROWER AND COSIGNER MUST BE EITHER A US CITIZEN OR A PERMANENT RESIDENT ALIEN. BORROWER AND COSIGNER MUST BE THE AGE OF MAJORITY IN THEIR STATE OF RESIDENCE. BORROWER MUST HAVE AN ANNUAL INCOME OF AT LEAST $15,000 IF THERE IS NO COSIGNER. BOTH BORROWER AND COSIGNER ARE SUBJECT TO CREDIT APPROVAL BASED ON REQUIREMENTS INCLUDED IN THE APPLICATION PACKAGE. THE MINIMUM LOAN AMOUNT IS $500 AND THE MAXIMUM IS $25,000. THERE IS A LIFETIME AGGREGATE BORROWING LIMIT OF $100,000.

Check the foundation's own materials before applying; details may have changed.