First Things First....
If you can check all of these qualifications, then you should apply for a jelf loan!
Securing a cosigner
Securing a Cosigner
instructions & criteria
All loan recipients must have at least 1 valid cosigner, who must also submit JELF's cosigner form after receiving email instructions to do so.
- A cosigner is typically a parent, legal guardian or relative.
- Cosigners must reside in the U.S.
- Spouses are not qualified cosigners.
- In some cases, a second cosigner may be required.
Let's Get Together
Meet with your Local jelf administrator
We place great value on personally connecting and interviewing each JELF loan applicant and their cosigner(s). After your application is submitted, you will contact your Local JELF Administrator (LJA) to schedule an interview (virtual or in-person).
Sign Promissory Note
The January-April Application opens January 6 and closes on April 30 and is for students needing loan assistance for the following academic year (next fall and/or the following spring/summer terms).
The August 1 - September 30 application period is for students that need assistance for spring and/or summer semester(s).
So, let's say you borrow $10,000....Here is your repayment schedule: