JCRS provides scholarships for college or vocational training in the form of grants and/or no-interest loans based on financial need. Many of the college students who receive aid from JCRS are from very low income families. On average, each academic year the program funds approximately 88 students with an average award of about $2,600. Typically, freshman and sophomores are eligible for grants for the academic year. Juniors and seniors generally are eligible for a combination of grants and no-interest loans. Unless other arrangements are made, repayments of these no-interest loans are expected to begin within three months after completion of undergraduate education or after discontinuing schooling. JCRS does not fund students studying abroad; this includes Israel, even for college credit.
In order to be considered, each applicant must meet and agree with the following criteria:
- Be a Jewish student residing in Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee or Texas
- Be a permanent resident of the United States
- Attend college/training program in the United States (We do not fund programs in Israel)
- Be a United States citizen – refugees, who are not naturalized citizens may be considered on a case by case basis
- The completed application must be received no later than May 31 for the upcoming school year
Student applicants are selected by a Committee of the JCRS and decisions are based on financial need. The Committee will review each applicant’s career plan, financial resources, and anticipated expenses in reaching its decisions. Students who work and have income which can be applied toward their college expenses are viewed more favorably than those who are not involved in helping to meet their expenses.
The committee expects or views more favorably those students who make cost effective decisions and have a sustainable financial plan when choosing schools for their career path.
The JCRS College Aid Program is directed primarily to undergraduate college students who are under the age of 25 when they begin the term for which assistance is being sought. Because of limited funds, graduate students can be considered for assistance only after all undergraduate applications have been reviewed.