Education Loans

HFL_Maya_Dec2014-3754In 2014, the William Davidson Jewish College Loan Program [WDJCLP] replaced the Jewish Educational Loan Service (JELS) program. Applications for the WDJCLP are available and can be submitted online at April 1 – May 15 and July 1-31. All past JELS loans will be rolled into this new program, and current JELS students will be eligible to apply for interest-free college loans through the WDJCLP. All existing JELS loan responsibilities remain unchanged. If you have questions, please e-mail us at, or call Hebrew Free Loan at 248-723-8184.

The William Davidson Jewish College Loan Program is dedicated to helping Michigan’s Jewish students access higher education to achieve career success.The William Davidson Jewish College Loan Program provides an interest-free loan of up to $7,500 per student per year for qualifying, Jewish, Michigan residents to help address the rising costs of higher education.

Since the 1940s, the Jewish community of Metro Detroit has provided need-based, interest-free loans for Jewish students to attend college and graduate school. Thousands of alumni have benefited from these loans, which have led to successful careers of all types. Over time, there has been a 99.8 percent payback rate to our community, so these dollars recycle to help new students each generation.

Our community’s donors have supported interest-free college loans through the former Jewish Educational Loan Service (JELS) program. Hebrew Free Loan (HFL), National Council of Jewish Women (NCJW), the United Jewish Foundation (UJF), JVS and dozens of other charitable groups and donors are now joined by the William Davidson Foundation to significantly increase the number of recipient students, the amount of loans and the ease and timing with which students may apply.

The William Davidson Jewish College Loan Program provides need-based, interest-free loans to Jewish students who come from a variety of backgrounds. These loans are the “last dollars” for students, covering the deficit that exists between a family’s savings, scholarships, federal aid, the student’s part-time employment and the true costs of college (tuition, fees, room and board, and certain living expenses).

We believe that loans from this program will help each of the beneficiary students along the path towards success and self-sufficiency. We hope that these loan recipients will work and live in Southeast Michigan post-graduation. As these loan dollars recycle, we hope that alumni will add their own donations to these resources to be able to help the next generation of Jewish students in need.