Who can apply?

• Incoming or continuing undergraduate or graduate students
• Must be a citizen of the United States or a permanent resident (green card holder)
• Must be enrolled in an accredited United States post-secondary educational institution
• Must be an active member of their Muslim community in the state of Texas
• Must have a 3.0 (on a 4.0 scale) grade point average, for high school or college
• May need a co-signer for their loan(s)

Information you’ll need to apply:

• Proof of US Citizenship or Lawful Presence
• Proof of Texas Residency
• Copy of your FAFSA Student Aid Report (SAR) for this calendar year
• High School Transcripts for graduating seniors
• Latest College Transcripts if you are already attending college
• Most recent Federal Tax Return Transcript (https://www.irs.gov/individuals/get-transcript)
• One Recommendation Letter (from community leader and/or teacher)

About our loans:

Legal and administrative information:

• Qard Hasan Foundation loans are paid per academic term, directly to the educational institution
• Each loan is a separate legal contract and a different loan repayment schedule may be chosen for each loan
• Loans are to be used to pay for educational expenses, such as tuition, books, room and board
• All loans are interest-free and there are no application or processing fees

Loan Repayments:

• For each $2,500 loan you are awarded, you are required to make a minimum payment of $100 per month
• Loan repayments begin 30 days after loan has been distributed to the educational institution

Conditions for Receiving Additional Loans:

• Must be up to date on all existing Qard Hasan Foundation loan repayments
• Must be enrolled and making appropriate progress towards degree
• Must be in good academic standing at current College or University