Tuition Assistance Loan Program

We are thrilled to be able to help you with tuition. We are happy to announce that The Scholarship Fund For Inner-City Children and UCEDC are offering the opportunity to borrow up to $2,500 with zero interest or fees to families in need of tuition assistance beyond the scholarship their student has already received (5% interest for families whose child did NOT receive a scholarship).

Tuition Assistance Loan Program Terms & Conditions

AMOUNT: Max of $2,500 – One Loan Per Family
TERM: Two Years (24 payments)
INTEREST: 0% (5% interest for families whose child did NOT receive a scholarship)
COLLATERAL: Personal Guarantee
USE OF FUNDS: Tuition Coverage

REQUIREMENTS:

  • Minimum credit score of 600
  • Borrowers must demonstrate financial ability to repay the loan
  • Borrowers must be residents of New Jersey
  • Borrowers must be Low-to-Moderate income
  • Borrowers must have a credit profile with no more than three slow pays within the past three years
  • Funds are dispersed directly to the student’s school

Fill out the form below to apply now.