The Day – Atwood Fund accepts interest-free student loan applications

Stonington – The Eugene Atwood Fund will begin accepting applications for its 2021-2022 interest-free loan program on January 1, 2021.

This will be the 105th year that the Stonington-based organization has provided interest-free loans to students in New London County.

In 2020, an additional loan program was added for those attending trades school. Applicants must be residents of New London County who are in high school and / or are currently enrolled in college or a professional program.

Applications will be accepted until February 28, 2021. For more information on the program or to apply, visit www.eugeneatwoodfund.org.

The fund was established in 1916 by Eugene Atwood, the head of the Atwood Machine Company, located in Stonington. Atwood, an inventor who attached great importance to the value of education, created the fund with the mission of helping “deserving industrious young people who make an honest effort to achieve the best results in life.”

In the early 1950s, the board created the Eugene Atwood Award, which rewards one or more students based on their academic performance and the individual’s alignment with the organization’s mission statement.

In June 2020, the fund established a Business and Technology Committee with the goal of adding a new program that offers interest-free loans to people in the New London County area who will participate in a technology or technology program. trade. Two months later, the committee announced the addition of the Eugene Atwood Innovation Award, which recognizes the purchase of tools and equipment needed by a student pursuing a career in a trade.

For more information, contact Fund Administrator Stacey Haskell at [email protected]

or (860) 535-0005.

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