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STUDENT AND SPORTS AMBASSADOR LOAN FAQ
STUDENT AND SPORTS AMBASSADOR LOAN FAQ

Q: Who can apply for a People to People Student Loan?

Q: How can I apply?

Q: Can we use this loan towards the initial Student Ambassador or Sports Ambassador program deposit?

Q: Does everyone who applies automatically receive a loan?

Q: When will we be notified if we have received the loan?

Q: Once I have been notified as a recipient, how long will it take for my loan funds to process?

Q: Will the loan funds be sent to us or to the Ambassador Program?

Q: Should I send in my Student Ambassador final payment by the March 15th deadline if the loan has not been credited to my account yet?

Q: What happens if I have paid too much when the loan funds are added to my account?


Q:  Who can apply for a People to People Student Loan?
A:  Students who have registered for the Student Ambassador Program or the Sports Ambassador Program are eligible to apply for this loan. Students will need to include their registration number when applying.


Q:  How can I apply?
A:  The loan application is available in the Members Only Section at www.ptpi.org. Loan applicants must be a current member of People to People International. To join, please click here.

Please note: Students may only apply for one loan per travel season.


Q:  Can we use this loan towards the initial Student Ambassador or Sports Ambassador program deposit?
A:  No, this loan is not available for the initial deposit. Students are required to complete the Ambassador program application including the initial deposit to be considered registered for the travel program.


Q:  Does everyone who applies automatically receive a loan?
A:  People to People has a limited number of loans to give out each year. Usually there are more applications than loans to give. For best results, please ensure that your application is complete and that you have also forwarded the student's grades from school.


Q:  When will we be notified if we have received the loan?
A:  The deadline to apply is March 15th. Loan recipients will be selected and notified by mail in April. You can also check the status of your loan by logging into the members only section of our web site, www.ptpi.org.


Q:  Once I have been notified as a recipient, how long will it take for my loan funds to process?
A:  Promissory notes will be forwarded to all loan recipients. Recipients as well as their parent(s) or legal guardian(s) will need to sign and return the promissory note before we are able to process the loan funds. The sooner we receive the promissory notes, the sooner we can process the loans.


Q:  Will the loan funds be sent to us or to the Ambassador Program?
A:  Loan funds are forwarded to the Ambassador Program Office in Spokane, WA to be deposited in the student's account. Usually these funds are used toward the final program payment.


Q:  Should I send in my Student Ambassador final payment by the March 15th deadline if the loan has not been credited to my account yet?
A: Please send your payment due minus the amount of the loan to the Ambassador Program Office in Spokane, WA. If you only owe the amount of the loan, do not send it in. The Ambassador Program Office will be notified who the loan recipients are and will mark those accounts paid $1,000 even if the funds have not been credited yet.


Q:  What happens if I have paid too much when the loan funds are added to my account? A:  You will be refunded any amount that has been overpaid on your account by the Ambassador Program Office.

 

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