The nonprofit offers loans with no interest for individuals in Northern California who have difficulty managing their money and wish to follow their dreams. Repaid loans may be repaid, and the funds can then go to finance new loans. The repayment rate for this model is over 91% which speaks volumes about its effectiveness. Hebrew Free Loan is a founding member of the International Association of Jewish Free Loans. IAJFL, an international network that includes over 50 Jewish-owned loan agencies across the globe. Its common goal is to provide interest-free loans for the most in need. Even if you are not located in Northern California, the IAJFL website will help you find your nearest free loan agency. You can get help paying for your degree or certification. Students who are enrolled for at least 50% at an accredited college, university or licensed vocational school can apply for loans. Please wait until you are certain which school you will be attending before you apply if you are just starting your studies. By the time that you submit your application, you should have been accepted into a school or enrolled at it. Students who are qualified as undergraduates, graduates, and vocational can borrow $10,000 each academic year. However, they cannot have more than $40,000 at any given time.