Description: John George, Jr. Student Loan Fund Jackson county, Michigan Students eligible for this low-interest student loan may borrow up to $5,000 per year at a 2% interest rate for up to a total of $20,000 to attend Michigan state-supported colleges and universities.
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John George, Jr. Student Loan Fund
Since 1940, the John George, Jr. Student Loan Fund has been helping Jackson area students to continue their education. Students eligible for this low-interest student loan may borrow up to $6,000 per year at a 2% interest rate for up to a total of $24,000 to attend Michigan state-supported colleges and universities.
The loan was established by its namesake, John George, Jr. who had a desire to aid in the development of "worthy men and women" of Jackson. A prominent Jackson businessman, John George, Jr. believed that no one should be denied the education and cultural advantages of a higher education. He established the student loan fund to encourage the youth of his home community - Jackson- to continue their education.