P.E.O Educational Loan Fund

The P.E.O Loan Fund, Established in 1907, makes loans available to qualified women who desire higher education and are in need of financial assistance. The loan fund is not a scholarship fund.

Eligibility
A woman is eligible to apply and receive consideration for an ELF loan if she:

Is recommended by a local chapter of the P.E.O. Sisterhood
Is a citizen or legal permanent resident of the U.S. or Canada and resides in the U.S. or Canada
Submits an application within six to 24 months prior to stated graduation or course completion date
Is accepted in an accredited U.S. or Canadian postsecondary institution
Has a high school diploma or equivalent
Meets the minimum credit score of 625
Does not exceed the indebtedness limit for her degree level
Has two qualified cosigners for the loan
Demonstrates financial need

At the time a loan is disbursed, a student must be enrolled full time or part time in an accredited U.S. or Canadian postsecondary institution. Proof of enrollment is required before each loan installment is paid. Final disbursement must be at least four months prior to stated graduation or course completion date.