Programs of Study

Educational loans range from modest amounts for studies such as LPN designation, to more substantial amounts for studies such as RN, MD or Th.D. programs.

Each applicant is carefully considered based on financial need, scholastic record and the extent of assistance reasonably required to enable that individual to complete his or her professional training at an accredited institution.

Deserving students from Escambia, Santa Rosa, Okaloosa and Walton Counties are eligible for educational loans without distinction as to race, creed or gender, except that the religious beliefs of theological students may not be in substantial conflict with the faith and doctrines of the Episcopal Church.

Eligibility Requirements

  1. Must be a U.S. citizen.
  2. Must be a bona fide resident of Escambia, Santa Rosa, Okaloosa, or Walton County, Florida.
  3. Must be of good moral character and qualified scholastically and intellectually for the education desired.
  4. Recipient must have been accepted by, or be successfully pursuing training at, an accredited school in the appropriate field of study.

Loan amounts will be determined by the needs of the applicant (not to exceed $100,000 or $160,000 for those seeking medical degrees) and are interest free until graduation. Thereafter, favorable interest rates will apply, with the total of principal and interest to be repaid in not more than twelve years.