Honor loan for $6,000 per year to a student of high academic standing who also has financial need.
These are loans, but they are interest-free, and payback is flexible based on the student’s employment status after graduation. Assuming good academic standing in post-high-school training or college, the loans are given to the student each year for four years, for a total of $24,000.
We offer loans to one or two students per year.
Applications should be mailed to:
The Charles B Allyn Foundation, Inc
Secretary, Honor Loan Program
P.O. Box 214
Mystic, CT 06355