Facts On Low Interest Government Loans:

Low Interest & No Interest Loans

Long-term, low interest rate educational loans to 271 colleges and universities for full-time, financially needy students.

If you need financial assistance to recover and your family income is minimal, you may be referred to the IFG Program for possible grant assistance. If you have more than a minimum income, you will be sent an application to apply for a loan.

If you have questions or need help with the loan application, help will be provide at the number provided in your application packet so that you can speak to a representative.

IMPORTANT FACTS

Homeowners can apply for Loans up to $200,000 to repair or replace damaged or destroyed real estate, and up to $40,000 to repair or replace damaged or destroyed personal property.

Renters may apply for Loans up to $40,000 to repair or replace damaged or destroyed personal property.

Individuals, whose applications are declined may receive a grant to meet necessary expenses and serious needs not met by any other form of assistance.

Co-signers can be used for a loan. If the amount needed to recover from the disaster exceeds your ability to repay, family members or other persons may co-sign the loan application. Co-signers are equally responsible for repayment of the loan.

Services such as transportation, clean-up assistance, homemaker, handyman, nutrition and
many others are often available.

Spread the Word! Older persons are often the last to apply for these services. When time limitations expire, needed services are no longer available. If you know any older persons, who may be in need of these services, urge them to get the assistance they need! There are many programs available to help in this area.

The Government has set aside this money to help people who want to change their lives for the better and improve their present economic situations.