Archives: FAQs

If you are no longer a full-time student prior to graduation, please contact the WDJCLP office.

Contact us immediately, before your loan becomes past due.  We will try to work with you to determine a possible solution.

Yes.  You are welcome to accelerate your repayment as much as you would like.  There is no penalty for paying back your loan early.

If a student is continuing or resuming his or her education, he or she may be considered for loan deferment while he or she is enrolled as a full-time student. To be considered for deferment, contact the WDJCLP office.

Students or their parents may be eligible for an education loan with Hebrew Free Loan. For information, go to www.hfldetroit.org or call (248) 723-8184.

Many of our applicants don’t know their exact financial needs when they complete their WDJCLP loan application, which is why WDJCLP requires that they submit their costs of attendance and financial aid award notice.  If you or the Loan Committee determines at some point that you have sufficient financial resources, we will withdraw your WDJCLP … Read more

Payments on Parent Plus loans begin immediately after the loans are issued. WDJCLP recognizes that many parents in need of assistance for their children’s education cannot meet that payment schedule. For that reason, WDJCLP does not require that parents take on Parent Plus loans.

You are expected to apply for and accept all possible grants and scholarships and other loans before turning to WDJCLP. In addition, WDJCLP expects you to contribute to the cost of your education by working during the summer and, when possible, during the school year. We also expect that you will use earnings from past years, as … Read more

WDJCLP considers the cost of tuition, fees, room and board, books, supplies, transportation, and limited personal expenses. WDJCLP does not factor in social expenses, such as fees for sororities and fraternities.

There is no age limit for loan applicants.  The majority of our loan recipients are in their late teens and 20s, but some are older students who are learning new skills or returning to school to get an additional degree or to change careers.