Student Loan Program

In 1971 the Order established a Knights of Columbus Student Loan Program which already has made a multimillion-dollar commitment to tens of thousands of young people seeking the opportunity to pursue a higher education.

The program is funded by the Knights of Columbus and guaranteed by the U.S. Government. Under the program eligible students can apply for an annual loan for each full academic year continuing for as many as five years. Everyone eligible for a student loan qualifies for an interest subsidy during the in-school period. Depending on the rate at which the loan is granted, there also is a grace period after completion of studies before repayment begins.