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Saturday, April 10, 2021
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Milling Foundation board announces student loan opportunities

The Milling Foundation provides low-interest and even interest-free loans to graduates of Marion County schools attending the University of Florida.

Loans are available for four years to students pursuing bachelor’s degrees, and students can borrow up to $30,000 over four years.

Loan amounts are based on resources available and financial need. This year’s application deadline is March 26, 2021. Award recipients will be notified after the May Milling Foundation board meeting.

The Milling Foundation is a trust fund specifically designated for graduates of Marion County schools attending the University of Florida. Marion County Superintendent of Schools’ designee and Marion County public high school principals serve as members of the foundation’s board of directors and determine loan amounts on a case-by-case basis.

Students can use their loans for tuition and other educational and college living expenses. As long as students are enrolled at UF, no interest is charged on the loan. Loans may even be interest-free for students moving back to Marion County after college graduation.

Applications are available in Guidance departments at each local high school. For more information, contact the Milling Foundation at (352) 840-3269.

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