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 $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.
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.
To qualify for the John George, Jr. Student Loan Fund, applicants must be graduates of a Jackson County High School and plan to attend a Michigan state supported college or university. (Attendees of trade schools and job retraining are not eligible.) They must have maintained a high school grade point average of 2.25 or better, which they will be required to maintain in college.John George Student Loan Fund Website