Issue 5/03 – 30 April 2003
CFPAF: Education Assistance Loan Program
 The
CF Personnel Assistance Fund's (CFPAF's) Education Assistance
Loan Program (EALP) assists serving and former members and their
dependants with the costs of post-secondary education. The program
comprises low-interest loans of $1200 and $1500, increasing in increments
of $500 up to a maximum of $4000 per student per year, to a lifetime
maximum of $16 000 per student.
Who may apply? Serving
or former members who have served in the Canadian Army after October
1, 1946, or in the CF after January 31, 1968, and have a minimum
of one year of Regular Force military service, are eligible to apply.
Selection may be based on family income, years of service and individual
family circumstances.
Repayment? Loans
can be repaid over 12-, 24-, 36- or 48-month periods.
How do I apply? Application
forms are available from CF Base Financial Counsellors, district
offices of Veterans Affairs Canada, and the Provincial Command offices
of the Royal Canadian Legion. You may also contact the CFPAF office
at 234 Laurier Avenue West, Ottawa ON, K1P 6K6; or by telephone
at (613) 760-3447 or 1-888-753-9828.
When is the deadline? If
you are seeking an ELAP loan in time for the semester beginning
September 2003, your application should arrive at the CFPAF office
by June 30. Otherwise, applications will be accepted throughout
the year until the funds allotted for the EALP are exhausted.
Contact info? Visit
www.sisip.com for more information
and a downloadable EALP application form.
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