Forgivable Loan Undergraduate Graduate

Central Scholarship General Loan Fund

Central Scholarship

Varies
Avg. Amount Awarded
45
Days
March 2 2026
Application Deadline
N/A
Renewable
Apply Now
What you'll need:
  • Checkmark Application Form
  • Checkmark Essay
  • Checkmark Financial Need Analysis
  • Checkmark Interview
  • Checkmark Transcript
Apply Now
Save
Central Scholarship General Loan Fund
Apply Now
Save
Apply Now
Save

Description

Central Scholarship's interest-free loan program is designed to support full-time degree-seeking students at all levels of postsecondary education. Loans are completely interest-free and fee-free throughout the life of the loan, and are repaid on a graduated 10-year scale after a one-year grace period following graduation. The eligibility for interest-free loans is the same criteria for students applying for degree-seeking scholarships. There is no separate application for an interest-free loan. Interest free loans are awarded based on the information provided in the degree seeking students' scholarship application and unmet need as determined by the student's Financial Aid Award Letter. A co-signer is required to be awarded. Please visit the scholarship's website or contact Central Scholarship for more information.

Eligibility Requirements

  • CheckmarkMust be an undergraduate student or a graduate student
  • CheckmarkMust attend a university, a four-year college or two-year college
  • CheckmarkMinimum 2.5 GPA
  • CheckmarkMust not be attending high school currently
  • CheckmarkMust study full-time
  • CheckmarkRestricted to residents of Maryland

How to Apply

What you'll need:

  • Checkmark Application Form
  • Checkmark Essay
  • Checkmark Financial Need Analysis
  • Checkmark Interview
  • Checkmark Transcript
For more info, please visit our site