secondary image

Hess Educational Loan Fund

For over 90 years, many students have been able to further their educational goals by availing themselves of Hess Educational Loan Funds. Today, these same funds are still available to qualified students who need financial assistance to help pay tuition costs at a college of their choice.


  • Loan amounts are $2000 or more per year. Loan recipents may reapply annually during student's four years in college.
  • Loans may be applied to tuition costs and fees only.
  • Repayment does not begin until one year after completion of college.
  • Loans are interest-free during the time the student is in school plus one year. After that, interest is charged at the Market Prime Rate.


Hess Educational Loans are available to individuals meeting the following two requirements:

  1. Ashland County residents of all ages (must be United States citizens) having graduated from any high school - OR - Non Ashland County residents who have graduated from any Ashland County high school and plan matriculation into college prior to the age of 23.
  2. Resident household net worth is less than $250,000.
  3. Accepted to an accredited two or four-year institution.
  4. 2.5 GPA or above.

Application Procedure

Applicants must submit the following:

  • Completed application form
  • Two letters of recommendation from adult non-relatives
  • Most recent educational transcript(s)
  • Student Aid Report (SAR) of the Free Application for Federal Student Aid (FAFSA)


Click here to read the Hess Loan Program Flyer.


Note: Application Deadline Date is June 15

Note: Reapplication is required for student having previously received a Hess loan.

Apply for the Hess Educational Loan.




John Miller

Chair of the
Hess Loan Fund

Sharing with the Community

"With a son currently in college, I know first-hand the expense and the benefits associated with obtaining higher education. The foresight and generosity of Dr. Hess in creating a charitable fund to help ease the financial burden of Ashland County families is immeasurable. As Chair of the Hess Loan Fund Committee, it is a privilege to serve as a steward of Dr. Hess's good will... all to help current and future students obtain a college education."