The United Methodist Student Loan Fund has provided financial assistance to their members since 1868.
An applicant must be:
- An active, full member of a United Methodist Church for at least one year prior to application
- A citizen or permanent resident of The United States
- Admitted to a degree program in an accredited professional or graduate school
- Maintaining at least a C average
Loans are not made to students on academic or disciplinary probation.
Loans are made per calendar year (January 1-December 31) at six percent interest (6%).
United Methodist students can borrow $2,500.00 annually. Part-time students can borrow $1,250.00 per year.
Application Deadlines:
Fall………………………………..July 1 – October 15
Winter/Spring……………………November 1 – February 15
Summer…………………………..April 15 – June 15
Repayment of your loan will begin six (6) months after graduation or withdrawal from school.