JEWISH SCHOOL LOANS/

Up to $12,000

Jewish Free Loan Toronto is committed to helping parents defray the heavy cost of tuition at Ontario Jewish schools.

LOANS UP TO $12,000 ARE AVAILABLE

  • Parents who have children enrolled in any Jewish Day or Afternoon school in Ontario can apply1
  • Children can be anywhere from Kindergarten to Grade 12

1 Excluding residents of Ottawa who can apply to the Ottawa Hebrew Free Loan Association

These loans are only for assistance with tuition costs.

GUARANTORS REQUIRED

  • Jewish School Loans only require one guarantor regardless of the amount borrowed.
  • Monthly repayments are $20 a month per $1000 borrowed. So, if you borrow, $1000 you pay back $20 a month and if you borrow $12,000 you pay back $240 a month.

WHAT YOU NEED TO PROVIDE TO APPLY

  • Jewish School Loan application package signed by you and your guarantor
  • Proof of enrollment at a Jewish School
  • Completed Income and Expense Form
  • Completed Promissory Note (with the original signature of the applicant and guarantor)
  • Copy of your and your guarantor’s driver’s licenses.

DOWNLOAD THE APPLICATION PACKAGE

Please note: The submission of your loan application does not create any legal obligation on JFLT to provide the requested loan. Our approval shall be subject to terms and conditions satisfactory to JFLT.