Student Education Loan Fund

WHAT WE DO

SELF provides interest-free loans to Livermore residents or graduates of its high schools to support college or other career training expenses. The loans are supported by tax-deductible donations from Livermore residents and businesses, and by funds coming in from the repayment of existing loans. There are no overhead costs. Administrative expenses are covered by SELF's directors. SELF has a 40 year record of successful service to the Livermore community.

SELF's only purpose is to provide loans to Livermore people -- residents, or graduates of Livermore's high schools -- to help them go to college or get career training. There is no age limit. Current individual loan amounts are in the $1,000 to $2,500 per year range.

HOW DO I GET A LOAN

Review the elgibility requirements. English | Espanol
Fill out an application*. Applicants of any age must either be residents of Livermore or a graduate of one of Livermore's high schools.
Applications must be received by July l. Loans are granted once a year. The loan awards committee will determine the amount of each loan based on funds available, number of applicants and each applicant's need.
If you currently have loans through SELF and need a copy of the Loan Statement document, you can download one here in pdf* format.

IF YOU WANT TO MAKE A CONTRIBUTION
SELF's funds for loans are obtained through donations by individuals, as well as through grants by agencies and businesses. Donations are deductible as provided under Federal and California income tax codes. As loans are repaid, the money coming in is added to the pool from which new loans are made -- so contribution funds are used over and over.
SELF's only yearly expenses are for brochures and mailing--typically less than $500 per year. The organization's board of directors, all volunteers, contribute more than enough to cover these costs, and they do all of the necessary administrative and clerical work. Because of this, all other donation and grant money goes l00% into student loans.
SELF was started in l963 by the Livermore Rotary Club as a public service. Its operation since then has been carried on by a board of directors composed of about 30 volunteer residents. By the end of the last complete fiscal year (December, 2002),donations had generated $338,500 in total loan amounts, through 356 student loans. Loan recipients are chosen considering their high school grade transcripts, their degree of need, their efforts to carry part of their tuition burden through savings and earnings, and such factors as community service and other extracurricular activities.The default rate is less than 2% of dollars loaned over 40 years.
Donations can be mailed to SELF, P.O. Box 2475, Livermore, CA 94551.
* Requires Adobe Acrobat

[Home] [Application] [Past Recipients]

WHAT WE DO SELF provides interest-free loans to Livermore residents or graduates of its high schools to support college or other career training expenses. The loans are supported by tax-deductible donations from Livermore residents and businesses, and by funds coming in from the repayment of existing loans. There are no overhead costs. Administrative expenses are covered by SELF's directors. SELF has a 40 year record of successful service to the Livermore community. SELF's only purpose is to provide loans to Livermore people -- residents, or graduates of Livermore's high schools -- to help them go to college or get career training. There is no age limit. Current individual loan amounts are in the $1,000 to $2,500 per year range.
HOW DO I GET A LOAN Review the elgibility requirements. English \| Espanol Fill out an application. Applicants of any age must either be residents of Livermore or a graduate of one of Livermore's high schools. Applications must be received by July l. Loans are granted once a year. The loan awards committee will determine the amount of each loan based on funds available, number of applicants and each applicant's need. If you currently have loans through SELF and need a copy of the Loan Statement document, you can download one here in pdf format.
IF YOU WANT TO MAKE A CONTRIBUTION SELF's funds for loans are obtained through donations by individuals, as well as through grants by agencies and businesses. Donations are deductible as provided under Federal and California income tax codes. As loans are repaid, the money coming in is added to the pool from which new loans are made -- so contribution funds are used over and over. SELF's only yearly expenses are for brochures and mailing--typically less than $500 per year. The organization's board of directors, all volunteers, contribute more than enough to cover these costs, and they do all of the necessary administrative and clerical work. Because of this, all other donation and grant money goes l00% into student loans. SELF was started in l963 by the Livermore Rotary Club as a public service. Its operation since then has been carried on by a board of directors composed of about 30 volunteer residents. By the end of the last complete fiscal year (December, 2002),donations had generated $338,500 in total loan amounts, through 356 student loans. Loan recipients are chosen considering their high school grade transcripts, their degree of need, their efforts to carry part of their tuition burden through savings and earnings, and such factors as community service and other extracurricular activities.The default rate is less than 2% of dollars loaned over 40 years. Donations can be mailed to SELF, P.O. Box 2475, Livermore, CA 94551. * Requires Adobe Acrobat [Home] [Application] [Past Recipients]