Current Opportunities for The Scholarship Foundation of St. Louis

Interest-free loan

Opportunity Type: Scholarship
Application Deadline: November 15, 2023
Description: Providing interest-free loans for postsecondary education to students on the basis of financial need has been the core function of The Scholarship Foundation of St. Louis since its creation more than 90 years ago.

Each academic year, the Foundation provides more than 600 students from the St. Louis metropolitan region with interest-free, fee-free loans for higher education. Qualifying recipients receive renewable loans of up to $9,000, depending on their specific financial needs.

Interest-free loans are available to students attending accredited, non-profit postsecondary institutions. All fields of study, with the exception of the ministry, are eligible. Some funds within the Interest-Free Loan Program are earmarked for specific fields of study such as the Deedee Becker Loan Fund for nursing students. Others, called Designated Scholar Loans, are named for specific donors or honorees and include the possibility of personal contact between donors and recipients. In 2011, the James C. Bates & Alison Bates Charitable Lead Annuity Trust began providing substantial support to students through the Interest-Free Loan Program. In 2012, 600 students received more than $3.1 million in interest-free loans for postsecondary education from The Scholarship Foundation.

Contact Information

The Scholarship Foundation of St. Louis
8215 Clayton Road
St. Louis, MO 63117
www.sfstl.org