Education Loans

 

  • Applications must be completely filled out every time (INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED).

TO AVOID DELAYS IN SUBMITTING YOUR APPLICATION TO THE REVIEW TEAM PLEASE INCLUDE THE FOLLOWING:

  • STC requires your current mailing address and residence address.
  • Include your email address for correspondence
  • Fill in all blanks, if a question does not apply to you, please write N/A for not applicable.
  • Statement explaining why the funds are needed.
  • Copies of bills or estimate/description of items to be purchased with funds.
  • Copy of your non-expired Tribal I.D. card must be included.
  • Include all payments that you are making: credit cards, debt reduction services, collections, child support and student loan payments, etc. (anything that will show up on a credit report).

 

ATTACH CURRENT SCHOOL VERIFICATION

  • Current class schedule/acceptance letter from school.
  • Current grades.
  • If STC does not have school verification, we cannot consider your application for assistance.
  • Letter from the Spokane Tribal Education Dept explaining why you have the unmet need.
  • Proof of filing for FAFSA.
  • Include expected graduation date.

 

ALL LOANS THROUGH STC ARE SECURED BY FUTURE PER CAPITA PAYMENTS

 

READ THE FINE PRINT BEFORE SIGNING THE APPLICATION

  • I/We certify that all statements are true and complete and are submitted for the purpose of obtaining credit.

 

Items considered by Spokane Tribal Credit

  • Monthly payments compared to monthly income (debt to income ratio).
  • Repayment history with Spokane Tribal Credit.
  • Stability of Income.
  • If no history with Spokane Tribal Credit, the loan amount may be limited, or a co-signer may be required.