Residency

  • Applicant must reside in the Commonwealth

Graduation

  • Graduate as an undergraduate from a public institution of higher education in the Commonwealth on or after December 1, 2007
  • Obtain a degree in a STEM field
  • Complete degree program within 3 years of reaching junior-year standing

Employment Requirements

  • Applicants must have completed at least 1 year of full time employment in a STEM field within the Commonwealth
  • Annual income cannot exceed $65,000 for a single filer and $80,000 per year for joint filers

Loans

  • Amount granted will be applied to principal of loan
  • CCF can only make payments to loans that were taken out while one studied at a public university in the Commonwealth.
  • Applicant will need to provide a loan statement document that contains the following information:
      • Loan balance
      • Account number
      • Payments are current
      • Address to which payment should be sent
  • Please note: Credit card loans and loans made by family members are not eligible.