JEWISH VOCATIONAL SERVICE (JVS) of MetroWest is accepting applications for need-based, interest-free student loans for Jewish students planning to attend accredited institutions of higher learning in the fall. Applicants must be residents of the Greater MetroWest Jewish community.
Since 1979, Jewish Vocational Service of MetroWest has provided nearly $3.1 million in need-based, interest-free student loans to more than 725 students. These funds are typically used to pay for items not covered by other forms of financial aid such as books and supplies, transportation to and from school, and other expenses.
For the 2019-20 school year, JVS of MetroWest awarded $55,000 in loans to 20 students. Funding for these loans is made available thanks to the generosity of approximately two dozen area families who have established endowments for this purpose at the Jewish Community Foundation, a subsidiary of the Jewish Federation of Greater MetroWest NJ.
In addition to the student loans, JVS of MetroWest also administers the Shapiro Scholarship Foundation grants for students pursuing post-graduate degrees in medicine, medical science, undergraduate or graduate nursing, or rabbinical school. Funded by the Estate of Belle Shapiro, these grants may be renewed each year, pending the approval of the executors of the estate.
“We at JVS of MetroWest recognize that this is a time of great uncertainty for graduating high school seniors, college students, and those pursuing advanced degrees,” said Benjamin Perlmutter, founding chair of the JVS of MetroWest Student Loan Committee. “By making these interest-free loans and grants available, even during unprecedented times like this, we are fulfilling the highest form of tzedakah as taught by the wise Jewish sage Moses Maimonides — to help someone help themselves.”
Applications are due by Tuesday, June 30. For an application packet, contact Barbara Raynor, JVS chief advancement officer, at 862-702-2262 or firstname.lastname@example.org.