The Charles E. Schell Foundation Loan is a zero fee, interest-free loan program established by Mr. Charles Schell as a revolving loan fund.  The funds repaid by students are used to lend to the next group of students.  Repayment begins within 6 months of graduation or withdrawal.

Please note, the Charles Schell Foundation Loan is a loan of last resort and cannot be used to replace Federal Direct Loans.  Students in Verification or with no FAFSA on file cannot be reviewed as Federal Need cannot be determined. Students pursuing a Post Undergraduate Degree can apply but must have an approved Program of Study and meet all the other criteria.

Applicants for the Schell Loan must meet all criteria on the application at the time of application. Incoming Freshmen are not eligible for a Charles Schell Loan. Annual maximum award is $3000.