For over 80 years, many students have been able to further their educational goals by availing themselves of Hess Educational Loan Funds.

Today, these same funds are still available to qualified students who need financial assistance to help pay tuition costs at a college of their choice.

Features

• Loans are $1200 per year. A total of $4800 can be borrowed during the student's four years of college.
• Loans may be applied to tuition costs and fees only.
• Repayment does not begin until one year after completion of college.
• Loans are interest-free during the time the student is in school plus one year. After that, interest is charged at the Market Prime Rate.

Availability

Hess Educational Loans are available to individuals meeting the following two requirements:

• 1.) Ashland County residents of all ages (must be United States citizens) having graduated from any high school - or  2.) Non Ashland County residents who have graduated from any Ashland County high school and plan matriculation into college prior to the age of 23
• Resident household net worth is less than $250,000

Application Procedure

Applicants must submit the following:

• Completed application form
• Two letters of recommendation from adult non-relatives
• Most recent educational transcript(s)
• Student Aid Report (SAR) of the Free  Application for Federal Student Aid (FAFSA)

NOTE: Application Deadline Date is June 15

Open, Fill In, and Print the Hess Educational Loan Application Form.
(Please note that this is a PDF file that opens in a separate window or tab. You can fill it in online, then print and sign it, and make copies as necessary before sending it to us.)