Preschool Loans
Single-parent families and families with two working parents who have a child between ages 3-5 years old are eligible to borrow up to $15,000 with two guarantors.
$0
Fees
0%
Interest
You can use a Preschool Loans loan for things like:
- Preschool
- Preschool expenses
Number of Guarantors | Maximum Loan Amount |
---|---|
0 | 0 |
1 | $7,500 |
2 | $15,000 |
All borrowers must have at least one qualified guarantor. |
Eligibility
- Applicants must be at least 18 years of age and have a current CA issued ID and Social Security number.
- Applicants must have a CA issued ID or driver's license showing permanent residency in Los Angeles, Ventura or Santa Barbara County
- Applicants must demonstrate a need
- Documentation provided must have a consistent mailing address
- Applicants must show ability to repay the loan. Loans are paid back within 36 months and payments begin 30-45 days after receiving funding. (A few of our loan funds have shorter or longer repayment rates, please check the loan description for more information.)
- Guarantor requirements are listed in the table above
- Applicants cannot be a current Borrower or Guarantor on a JFLA loan
- Please note, married couples are considered as one applicant or one guarantor
If you or someone you know is struggling to pay for expenses related to preschool, JFLA’s 0% interest, no-fee loans can help.
Single-parent families and families with two working parents who have a child between ages 3-5 years old are eligible to borrow up to $15,000 with two guarantors.
Borrowers must be employed and cannot have a current loan with JFLA. Residents of Los Angeles, Ventura, and Santa Barbara Counties are eligible.
JFLA’s application process is simple and straightforward. Payments are broken up into manageable monthly plans.