RISE
An ActivateWork Loan Program
Interest-Free Living Expense Loans
Your loan empowers you to take care of the day-to-day as you seek a new job.
Zero Fees
Your RISE Loan is a 0% interest-free charitable loan in the amount of $2400. It helps to bridge cash flow and pay emergency expenses without accruing extra fees or increasing high-interest debt while you are in your ActivateWork class and after graduation while you work to secure a stable income.
Take care of the Day-to-Day
To provide a no-interest loan to help learners cover living expenses while enrolled in an ActivateWork course.
This living expense loan is funded as a research program to understand the effectiveness of cash assistance in workforce training programs.
Your participation in the program will ideally provide valuable information to make this program more widely available in the future.
Extended Payback Schedule
With an Impact Loan, repayment will take place once you secure a job with a $45,000+ salary. Repayment takes place over 24 months through an automatic deduction of $100 through your Dora bank account.