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Milling Foundation Board Announces Loan Opportunities

MARCH 7, 2017 - FOR IMMEDIATE RELEASE

Kevin Christian, APR, CPRC, Public Relations & Communications Officer

352.671.7555 ◊ FAX: 352.671.7735 ◊ CELL: 352.840.3265

Email:  Kevin.Christian@Marion.k12.fl.us

 

MILLING FOUNDATION BOARD

ANNOUNCES LOAN OPPORTUNITIES

 

MARION COUNTY – The Milling Foundation provides low-interest and even interest-free loans to graduates of Marion County schools attending the University of Florida.  Loans are available for four years to students pursuing bachelor degrees.  Students can borrow up to $30,000 over four years.

 

Loan amounts are based on resources available and financial need.  This year’s application deadline is March 31, 2017.  Award recipients will be notified after the May 2017 Milling Foundation Board Meeting. 

 

The Milling Foundation is a trust fund specifically designated for graduates of Marion County schools attending the University of Florida.  Marion County Superintendent of Schools’ designee and Marion County public high school principals serve as members of the Foundation’s Board of Directors.  This Board determines loan amounts on a case-by-case basis. 

 

Students can use their loans for tuition and other educational and college living expenses.  As long as students are enrolled at UF, no interest is charged on the loan.  Loans may even be interest-free for students moving back to Marion County after college graduation.

 

Applications are available at Counseling Departments at each high school.  For more information, contact the Foundation at 352.840.3269.

 

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