The Fund is maintained by personal and business contributions from within the community. Through the generosity of our residents and businesses, over $2.5 million in loans have been made to students throughout the years. The loans are due upon graduation and by “paying it forward” the fund is continually replenished by past recipients to support students in the future.
However, because loans are currently offered interest-free, students repaying their existing loans means that the size of the fund remains constant. With college tuition continuing to increase drastically, a larger fund is required to keep pace. Your donation will augment the size of the fund and make it possible for more students to receive loans.
The Charles T. King Student Loan Fund, Inc. is a registered 501(c)(3) non-profit organization.