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CFPAF – 2004 AND HISTORICAL STATISTICS. Financial Distress Program Loans: Up to $25,000 with 2% interest per annum Purpose: Alleviate financial distress.

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Presentation on theme: "CFPAF – 2004 AND HISTORICAL STATISTICS. Financial Distress Program Loans: Up to $25,000 with 2% interest per annum Purpose: Alleviate financial distress."— Presentation transcript:

1 CFPAF – 2004 AND HISTORICAL STATISTICS

2 Financial Distress Program Loans: Up to $25,000 with 2% interest per annum Purpose: Alleviate financial distress and enable CF personnel to perform military duties effectively

3 Financial Distress Program Grants: Up to $5,000 Purpose: Alleviate financial distress arising from serious illness, death, loss through fire or other accidental cause, or similar circumstances, when a loan would not be appropriate.

4 Financial Distress Program Minor Disbursements: Up to $100 Purpose: Alleviate an immediate distress situation

5 Self Improvement Loan Program Loans: Up to $4,000 with 5.5% interest per annum Purpose: Provide for the welfare of service members, prevent financial distress, meet emergencies and improve family quality of life

6 Education Assistance Loan Program Loans: Up to $4,000/yr with 3% interest per annum Purpose: Assist members and former members with the cost of post-secondary education for themselves and their dependants

7 Distress Loans Serving Members Amounts and Cases * 2002 10 Months

8 Distress Loans Former Members Amounts and Cases * 2002 10 Months

9 Distress Grants Serving Members Amount and Cases * 2002 10 Months

10 Distress Grants Former Members Amounts and Cases * 2002 10 Months

11 Minor Disbursements Serving and Former Cases * 2002 10 Months

12 SILP Loans Serving Members Amounts and Cases * 2002 10 Months

13 Education Loans Serving Members Amounts and Cases * 2002 10 Months

14 Education Loans Former Members Amounts and Cases *2002 10 Months

15 Bankruptcies Serving Members Amounts and Cases *2002 10 Months

16 Bankruptcies Former Members Amounts and Cases *2002 10 Months

17 Collection Former Members Amounts and Cases *2002 10 Months

18 Write Off Serving and Former Members Amount * 2002 10 Months


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