In 1995, Hostos Community College requested from the Avon Foundation Board of Directors funds to develop an emergency student loan program that would assist its male population as well as its female population. The Board of Directors approved an award in the amount of $10,000.00 to Hostos Community College. These funds were donated with the condition that our institution administers them as part of an emergency student loan program. These conditions include and are not limited to the following situation: Tuition Deferrals Childcare Tuition Debts Housing Books Federal Student Loan Rehabilitation Due to the administrative capability of the Office of Financial Aid and the Business Office, over 150 students have benefited from this emergency fund. The Office of Financial Aid has also secured over 65% of its original disbursements from loan repayments. As a result of these efforts, it is now a revolving account that continues to provide vital support to our college community. NOTE: There is NO interest on the Avon II Loan.