Student Loan Program
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For the past 100 years, the Geneva Rotary Club’s Student Loan Program has assisted hundreds of Geneva High School seniors to further their education. The loan program provides up to $1,500 per year of undergraduate study.
Loan Qualifications
- Resident of the Geneva City School District.
- Graduate of Geneva High School.
- Enrolled in a 2-year or 4-year college or university,
Loan Benefits
- Loan is interest free and awarded in July preceding the next school year.
- A loan is available every year the student is enrolled in a 2 or 4 year degree program.
- Geneva Rotary Student Loan will not decrease a student’s financial aid from the college or university.
- Repayment of the loan is deferred until the student completes his/her college education.
Loan Repayment
- Repayment of the loan begins 3 months after graduation from a 2 or 4 year school.
- The minimum monthly payment of the loan is $100 per month.
- Payment of the loan can be deferred if the student is continuing at graduate program or joining the military.
- There is no penalty for pre-payment of the student loan.
- If a student drops out of college, minimum monthly payments are required.