Graduate Funding Information Service

April 13, 2018

Bill Raskob Foundation Interest-Free Loan Program

Application Deadline:  May 15, 2018

The Bill Raskob Foundation aids students through educational loans at no interest. In order to qualify, you must be an American citizen enrolled at an accredited institution for the upcoming school year. At present, the Foundation is not accepting applications from foreign students, US students graduating from a foreign school, for first-year study (undergraduate), medical students (except those funded last year) or correspondence courses.

The Foundation does not award scholarships, grants or gifts. Academic proficiency is a factor of importance, but need is given first consideration. The Board of Trustees also consider demonstrated self-reliance, character, willingness to assume responsibility and capacity for leadership, as evidenced by performance. The amount of aid is dependent upon need. The minimum loan amount is $1,000 and the average loan is for $5,000. Parents (when applicable) are expected to assist an applicant to the full extent of their ability. Applicants applying for aid are expected to demonstrate that they have exhausted the opportunities for assistance in their local community and school.

For complete information about this opportunity, including how to apply, click here.