Student Loans

Educational assistance is a priority for Jewish Free Loan Association. Since the establishment of the first student loan program in 1988, Jewish Free Loan Association has assisted more than 3,000 students with interest-free loans totaling more than $8 million.

 We are proud to offer interest-free loans to students of all faiths in the greater Los Angeles area. Loans are available for technical, vocational and trade school and undergraduate and graduate education.

  • Technical and Vocational and Junior College: maximum $3,000.
  • Undergraduate and Professional Graduate students (medical, law, dental etc): maximum $40,000. These students can borrow up to $10,000 per year. Loans are renewable.
  • Other Graduate Students : maximum  $25,000.00. These students may borrow $5,000-$7,500 per year.
  • Homeless Students: maximum $5,000. These students may borrow up to $3,500 with one guarantor and up to $5,000 with two guarantors.

For all loans in this category, students must be enrolled full-time with a GPA over 2.5 and have two California guarantors over 25 years old with steady incomes and good credit unless otherwise noted.

 Loans are also available for Israel Experience Programs and Jewish teen tours.

 For more information please contact Adina Kraus at adina@jfla.org (Valley Office) or if you are interested in our student loan program, fill out a Pre-Application today to get started!

 Please note that the Jewish Free Loan does not fund loans for For-Profit Universities. Please consult the IRS list to determine if your institution of choice is For-Profit here: https://apps.irs.gov/app/eos/. We encourage you to visit Jewish Vocational Service’s website for information on their need-based scholarship program for Jewish residents of Los Angeles.

 

Jewish Free Loan Association is proud to offer student loans from the following Donor-Directed Loan Programs:

 

Or, if you’re interested in a student loan fill out a Pre-Loan Application

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