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The Sylvia Dunham West Student Loan Program was established in 1974 when the Manitowoc Board of Education received a substantial bequest from the estate of Sylvia Dunham-West. The loan program was presented in memory of Ms. West and her father, Charles C. West, who was one of the founders of the Manitowoc Company.
Who can apply?
The Sylvia Dunham West loan is available for any graduating Lincoln student planning to attend post secondary education.
Loan Amount
The maximum educational loan is $5,000 per school year with the possibility of additional loans upon application to a maximum of five years or $12,500. For students attending a technical college, the maximum loan is $7,500. For grad students (Masters, Doctorate), the maximum educational loan is $5,000 per school year with the possibility of additional loans upon application to a maximum of two years or $10,000.
Loan Details
Loans are due and payable within 10 years of the receipt of the first loan. Students will not be charged interest while actively pursuing full time study at an accredited school of higher education. Interest rates on the loans will be set at 3.5% per year.
This loan is handled through the MPSD Foundation at Lindbergh Drive and is separate from Perkins, Stafford, and Great Lakes loan programs. This loan program does not fit into the criteria for loan consolidation or loan forgiveness at the time of graduation.
How to Apply
loan applications are updated in February of each year.
New & Returning applicants
Completed applications should be turned into the Lincoln High School Counseling office by June 1.
After June 1, send completed applications to:
MPSD Foundation-Loan Program
P.O. Box 1657
Manitowoc, WI 54221-1657
or email to: mpsdfoundation@mpsd.school
MPSD Foundation Sylvia Dunham West Loan Application
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