Health & Fitness
The Scholarship Foundation's Interest-Free Loan Fall Application Cycle is Now Open
The Scholarship Foundation of St. Louis is accepting loan applications until November 15, 2013 from traditional and nontraditional students seeking a first degree at an accredited, nonprofit school. Qualified students can be issued a renewable, interest-free loan of up to $4,500 for the upcoming 2014 spring semester. Those interested may apply at www.sfstl.org.
The Scholarship Foundation of St. Louis is a nonprofit organization that helps provide postsecondary access to all eligible St. Louis area students, regardless of economic background, through interest-free loans. The loan is meant to work in conjunction with other aid (such as grants, scholarships, federal loans, family funding, etc.) to provide the final dollars needed to attend college.
Applicants are selected on the basis of academic potential, personal character, and financial need. They must be enrolled in technical, bachelor’s, or associate degree programs at accredited, nonprofit institutions within the United States. Applicants should have graduated high school with at least a 2.0 GPA or earned a GED. Additionally, they must be a U.S. citizen or U.S. legal resident and a permanent resident of the St. Louis metropolitan area for at least two years prior to the date of application. This area includes St. Louis City and St. Louis County; the Missouri counties of Franklin, Jefferson, Lincoln, St. Charles, Warren, and Washington; and the Illinois counties of Bond, Calhoun, Clinton, Jersey, Madison, Macoupin, Monroe, and St. Clair.
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The Scholarship Foundation of St. Louis, a nonprofit organization founded in 1920, is based upon the conviction that an educated citizenry is essential to a democracy. More than 10,500 students have been awarded more than $58 million in interest-free loans and $3.8 million in grants by the Foundation since 1920.
For more information, please contact The Scholarship Foundation of St. Louis at (314) 725-7990, info@sfstl.org, or visit www.sfstl.org.