Posts Tagged ‘interest-free student loans’

College Bound? Applying for the William Davidson Jewish College Loan Program (WDJCLP)? Mark Your 2015 Calendar with These Important Dates

March 9th, 2015

As winter fades into spring, time really seems to accelerate for high school students and their parents and grandparents. Parties, ceremonies, awards and special events fill up the calendar. And you know what else should fill your calendar? These key application dates for applying for loans!

College is a big investment in your future and traditional student loans can be difficult to pay back due to high interest rates.

The William Davidson Jewish College Loan Program (WDJCLP) is a student loan that can help qualifying Jewish students who live in Michigan. Best part – it’s interest free!

If you are interested in applying, here are the important spring application dates for the Fall 2015 semester and the Winter/Spring 2016 semester.

April 1 – Opening date for submitting WDJCLP applications with initial supporting documents (acceptance letter from school, tax returns, student driver’s license)

May 15 – Deadline for submitting WDJCLP with initial supporting documents

June 15 – Deadline for submitting final supporting documents which include the following:

– Student Aid Report (SAR) received after filing for FAFSA.
– Financial aid award letter from school you will be attending
– Transcript from last school year completed
– Copy of each co-signer’s driver’s license
– Completed and signed co-signer form

July 2015 – WDJCLP Loan Committee meets to review and evaluate applications

July 31, 2015 – WDJCLP notifies students of the Loan Committee’s decision/ sends promissory notes

August 15, 2015 – Deadline for submitting completed promissory notes

August 31, 2015 – Receive loan checks

If you have any questions, please read more about our application process or contact us by email at info@jewishcollegeloansmi.org or phone at 248-723-8184.