28 May 9 • 2019
jn

Entrepreneur
Debt Forgiveness 
Opportunity

As part of the William Davidson 
Jewish College Loan Program 
(WDJCLP), Hebrew Free Loan 
Detroit (HFL) and the William 
Davidson Foundation will 
incentivize qualifying Jewish 
entrepreneurs to stay in Michigan 
by forgiving part of the student debt 
they incurred from their interest-
free college loans.
Both the William Davidson 
Foundation and Hebrew Free 
Loan support entrepreneurship in 
Michigan. This debt forgiveness 
incentive will be another 
strong factor in keeping Jewish 
entrepreneurs in our region.
Starting in 2020 (for applicants 
who graduated in 2015), qualified 
new business owners who have loan 
debt from the WDJCLP may have 
up to one year of their remaining 
loan balance forgiven, a maximum 
per-person debt forgiveness amount 
of $7,500 for an applicant who 
received undergraduate loan support 
or $10,000 for an applicant who 
received loans for graduate school. 
This amount would be removed 

from the balance owed to HFL, and 
the new total would be re-amortized 
over the same repayment period of 
10 years (post-graduation date).
To qualify, applicants must be 
at least five years post-graduation, 
full-time Michigan residents and 
majority owners of active and 
sustainable, for-profit businesses 
who have been making regular 
monthly repayments to HFL on 
their WDJCLP- 
incurred student 
debt during their first five years 
post-graduation.
Also, applicants’
 businesses must 
have been actively operating for 
more than one year and employ at 
least one other full-time employee 
(or two part-time employees 
working at least 10 hours per 
month).
Each borrower’
s situation will 
be reviewed on a case-by-case 
basis by HFL. Applications will be 
considered on a first-come, first-
served basis. 
If you think you qualify, contact 
HFL at (248) 723-8184 for more 
information. ■

jews d
in 
the

Adat Shalom member Gail Langer 
will be walking in the American 
Brain Tumor Association’
s 
Breakthrough for Brain Tumors 5K 
Run & Walk on 8 a.m. Saturday, 
May 11, at Kensington Metropark 
(Martindale Beach, 4570 Huron 
River Parkway in Milford).
Each year, the BT5K provides crit-
ical funding for brain tumor research 
and for supportive patient care.
Langer is walking in memory of 
her daughter, Debby Schilling, who 
died three years ago from a brain 
tumor.
Each day, 500 people will be diag-
nosed with a brain tumor. “I know 
that many others in the community 

have lost loved ones to this disease,” 
Langer says. “They may not be aware 
of what this association does. It is the 
nation’
s oldest nonprofit organization 
dedicated to brain tumor education, 
support and research.”
Langer will be walking with fam-
ily and friends, including Debby’
s 
husband, David, and their children 
Kayla, McKenna and Nicholas, to 
raise money to support the work of 
the Brain Tumor Association. 
Support her efforts by registering 
for the walk or making a dona-
tion to the American Brain Tumor 
Association at bt5k.org. Click on the 
walk in Milford and look for “TEAM 
DEBBY.” ■

Fight Brain Cancer
at May 11 Walk

 How Di
d You Get Thi
s Number?

Kate BALDWIN

Per
f
or
mance 
Sponsor
ed 
by 
Gr
eenl
eaf
 
Trust

MAY 18, 2019
MARLENE BOLL THEATRE at
 
t
he 
Bol
l
 
Fami
l
y 
YMCA

For
 
mor
e 
i
nf
or
mat
i
on 
or
 
t
o 
or
der
 
t
i
cket
s,
 
pl
ease 
cal
l
 
313.
405.
5061 
or
 
vi
si
t
 
cabar
et313.
org.

