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The Leo S. Rowe Fund ("the Rowe Fund"), a student loan program of the
Organization of American States ("the OAS"), helps citizens from Latin
America and the Caribbean OAS Member countries finance their studies or research
in accredited universities across the United States. The Rowe Fund loans are
given to students on condition that upon completion of his or her
studies, the beneficiary must promise to repay the loan in full and
return to his or her country in order to further intercultural exchange
and socioeconomic development in the region. Rowe Fund loans are
also available for university faculty and professionals with the support
of the local university in the Member state for continuing education or
professional development courses in the United States. The courses
may last for, at least, one academic semester and all studies and
research for which the loan is granted, need to be completed within a
two year period. Rowe Fund loans include:
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Highly subsidized
loans, currently interest-free
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Deferred repayment
while in school
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No application or
processing fees
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Use of non-profit
guarantor
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Applications are
accepted and reviewed on a year-round basis
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Funding is sent
directly to the student after approval
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Easy access to loan
application forms and instructions
The Rowe Fund was
endowed through a bequest from its, namesake, who served as Director
General of the Pan American Union -the forerunner of the OAS- from 1920
until his death in 1946. Dr. Rowe devoted his life to furthering
understanding and integration among the countries of the Americas,
particularly through higher education.
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