Perkiomen Valley Student Loan Association
The Perkiomen Valley Student Loan Association provides financial aid for graduates of Perkiomen Valley High School to continue their education. The interest-free loans, awarded on the basis of need, can be used at any accredited institution of higher learning and are repaid after the student has graduated or left school.
The Association receives support from individuals, school and community organizations, banks and businesses, retired teachers and school employees, memorial gifts, repayment of loans, bank interest, and various special events.
A volunteer board (representing the school district, contributing organizations, and the community) manages the Association. The board determines policy, raises money, reviews loan applications, and sets the amounts of individual loans, distributes funds, and collects repayments.
The Association originated in 1954 as the Schwenksville Scholarship Fund, which made small outright grants to Schwenksville High School seniors. In 1964, the grants were replaced by interest-free loans. When the Perkiomen Valley School District was formed in 1969, the Fund continued as the Perkiomen Valley Student Loan Fund and was made available to both seniors and graduates of the Perkiomen Valley High School. In 1984, the Fund was incorporated and became the Perkiomen Valley Student Loan Association, Inc.
- In 1954, the average grant was $100.
- In 2013, the average loan was $1,560.
- Since 1954, over 1,181 grants and loans have been awarded, amounting to more than $1,361,000.
- Since 1986, the Cope Scholarship grant has been awarded annually, totaling $122,750.
- In 2013, 48 loans and awards totaling $75,000 were awarded.
- All donations are tax-free. The association is a 501(c)3 organization. Please check to see if your employer provides matching funds.
To apply to the Perkiomen Valley Student Loan Association, please download complete application materials using the link below. NOTE: Only applications from 2014 will be accepted. Please do not submit applications from years past to the loan association.