Earning a Degree, Interest- Free

JELF Provides Funds to More Students Than Ever Before!

By JELF (Jewish Educational Loan Fund) December 17, 2020

In 2020, JELF (Jewish Educational Loan Fund) provided 394 interest-free loans to Jewish college, graduate, and vocational students. This jump in loans came from an increase of 66% more applications over the previous year.  

JELF (Jewish Educational Loan Fund) serves students in the five-state region of Florida, Georgia, North Carolina, South Carolina, and Virginia (excluding metro DC) as they pursue their higher education. In Atlanta alone, JELF (Jewish Educational Loan Fund) helped 103 students with $410,045 in funding. The total student need for all the students in the JELF (Jewish Educational Loan Fund) region was $2,352,906. Through student repayments, increased fundraising, and the generosity of the Marcus Foundation, JELF (Jewish Educational Loan Fund) was able to allocate $1,553,739 in interest-free, last dollar loans to these students.

JELF (Jewish Educational Loan Fund)’s mission is to help reduce a student’s financial burden so that they can pursue their higher education full time. JELF (Jewish Educational Loan Fund)’s interest-free loans of last resort help students pay for crucial living and medical expenses, books, supplies, transportation, and many other costs. By borrowing through JELF, this year’s 394 student loan recipients are estimated to save nearly $1 million in interest payments over the life of their loans.

Since JELF (Jewish Educational Loan Fund) first started providing interest-free loans in 1961, the organization has loaned $16 million to 2,400+ Jewish students. JELF is proud to consistently maintain a 99% student repayment rate, even during this difficult year. “What I love about JELF (Jewish Educational Loan Fund) is that your contribution continuously pays it forward,” says JELF’s Board President, Jane Aronoff. “Dollars used for one student when paid back, are used for the next. Every dollar lives on and on…”

JELF (Jewish Educational Loan Fund) provides interest-free loans for Jewish students in need to meet their post-high school educational goals. Undergraduate, graduate, and vocational school students are eligible to apply. The application is open from March 1 - April 30 for the full academic year and September 1-30 for spring and/or summer semester(s) only. Sign up at JELF (Jewish Educational Loan Fund) to get a reminder or visit JELF (Jewish Educational Loan Fund) to learn more or make a contribution.

For more information about JELF (Jewish Educational Loan Fund), contact Marketing Director David Cohen at 770-396-3080 or email.

JELF (Jewish Educational Loan Fund) Central Office (located in Atlanta’s JF&CS building) can be found at 4549 Chamblee Dunwoody Road in Atlanta, GA 30338.   Their phone is 770-396-3080 and fax: 770-392-0932.  You can reach their General Email or Loan Information email. Follow JELF (Jewish Educational Loan Fund) on Facebook, Twitter, and YouTube.

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