Bloom & Crawford Loans
There are two loans awarded through Scholarships:
Eloise Crawford Interest Free Loan
Award: One $500 award for Fall or Spring semester
ELIGIBILITY REQUIREMENTS:
- Must be a Senior and actively pursuing a degree at UTSA
- Must have completed their Junior year prior to receipt of loan
- Must be enrolled on a full time basis and must actively be pursuing a degree at UTSA
- Must have a cumulative GPA of 2.5 or better
- Must demonstrate financial need as determined by the Free Application for Federal Student Aid (FAFSA)
- One time offer for either Eloise Crawford Loan or Ethel Weiner Bloom Loan; cannot be offered both
LOAN INFORMATION:
- % Interest, only repayment of amount borrowed
- The repayment period commences 6 months after the date the recipient ceases to be a full time student at UTSA and ends 3 years later
- A 10% APR will be charged if student becomes delinquent with repayment
- If student defaults on payment of loan, 33 1/3 % interest is tacked on in addition to the 10% APR
- A signed Promissory Note is required before the funds can be disbursed
- Loan will be offered as long as funds are available
- Application Available in Scholarship Office.
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Ethel Weiner Bloom Loan
Award: One $500 award for Fall or Spring semester
ELIGIBILITY REQUIREMENTS:
- Must be a resident of the State of Texas
- Must have a cumulative GPA of 2.5 (on a 4.0 scale)
- Must be enrolled on a full time basis and must actively be pursuing a degree at UTSA
- Must have completed his/her sophomore year
- Must demonstrate financial need as determined by the Free Application for Federal Student Aid (FAFSA)
- One time offer for either Eloise Crawford Loan or Ethel Weiner Bloom Loan; cannot be offered both
LOAN INFORMATION:
- Interest shall accrue from the beginning of the repayment period and shall be at the annual percentage rate of 5% on the unpaid balance
- The repayment period commences 12 months after the date the recipient ceases to be a full time student at UTSA. The recipient may, at his/her option, repay all or any part of the principal plus interest at any time without penalty
- If student defaults on payment of loan, 30% interest is tacked on in addition to the 5% APR
- A signed Promissory Note is required before funds can be disbursed
- Loan will be offered as long as funds are available
- Application available in Scholarship Office
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