The Charles E. Schell Foundation has awarded Denison University a $100,000 grant to be used for interest-free student loans

/Home/Student Loan Information by State/Ohio Student Loans

GRANT TO HELP DENISON PROVIDE LOANS
MARCH 6, 2009
Post a Comment RecommendPrint this pageE-mail this articleShare

GRANVILLE -- The Charles E. Schell Foundation has awarded Denison University a $100,000 grant to be used for interest-free student loans.



The new grant will be paid over four years and will increase the size of Denison's existing Schell Fund for interest-free loans. The fund works as a revolving loan pool: when loans are repaid by students who have graduated, the money is loaned to other students.

Denison's Schell Fund was established in 1985, enabling the college to make more than 200 interest-free student loans over the years.

From Advocate staff reports.