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Hedin-Hartnagel Memorial Fund Post-Secondary Loan Information

The Hedin-Hartnagel Memorial Fund, Inc. lends money to Red Wing High School graduates for post-secondary education for the upcoming semester. A student may borrow up to $1250.00 per semester and up to $2500.00 per year for education expenses. The maximum amount the Fund will lend to each individual student is $10,000.00 during the course of his/her continuing education.

Loans are interest free while the student is actively participating full time in school and repayment begins 6 months after graduation or termination of school. Interest begins to accrue, at a rate of 6%, when payments begin. Students must begin making repayments no later than seven years from the date of their initial enrollment in post-secondary education.

The loan recipient must be a Red Wing High School graduate, maintain a 2.0 GPA (C average or better) and take/earn at least 12 credits in order to be eligible for a loan.

Loans are limited. Applicants will be taken on a first come, first served basis.
 

Hedin-Hartnagel Memorial Fund Loan

 Loan reservation email day set for Thursday, December 9, 2020, starting at 8:00 a.m. ( )

Temporary COVID-19 Instructions

Due to the COVID-19 Pandemic, December 2020 loan interviews will be conducted via email and U.S. Mail.

(For this session) Each applicant must:

  1. December 9, 2020-Starting at 8:00 a.m. Email Dodie Harris at hedinhartnagel@gmail.com to reserve a loan. You will receive a return email confirming loan availability.
  2. After you have received the confirmation email, please complete the application (PLEASE DO NOT INCLUDE YOUR S.S. and Driver License Number, since I already have that on file), attach your Fall 2020 transcript and return via email to hedinhartnagel@gmail.com.  THESE NEED TO BE SENT IN WORD FORMAT.
  3. Following approval by the Hedin-Hartnagel Loan Committee, you will receive an email instructing you to sign The Promissory Note and the COVID-19 Addendum Form. (It is a good idea to keep a signed copy of The Promissory Note for yourself as well.) The Promissory Note and COVID-19 Addendum Form must be signed and returned via U.S. Mail, by December 28, 2020 to:
    Hedin-Hartnagel Memorial Fund
    P.O. Box 222
    Red Wing, MN  55066
  4. Checks will be mailed to you at the address on your application, unless otherwise specified.

 Applicants will be taken on a first come, first serve basis. These loans are for the upcoming semester. We have 65 loans available. Each loan is for $1250.00 per semester. A total of eight loans are available per student/per lifetime. Please see Loan Guidelines on RWHS website.  If you know someone who would be interested in receiving a loan, please forward this email.

Applicants are required to have a 2.0 GPA (C average or better) and take/earn at least 12 credits to be eligible for a loan. Applications are available at the Red Wing High School, online at www.redwing.k12.mn.us under the student support link, then click Class of 2020 Grad Information then click on the Hedin-Hartnagel Loan link, or from me at hedinhartnagel@gmail.com. Feel free to call me at 651-388-8921 with any questions!

Thank you,

Dodie Harris

Executive Secretary, HHMFI

The Hedin-Hartnagel Memorial Fund has the potential to help enhance the quality of life in our community which might not be provided through other channels by allowing students to obtain loans for secondary education.

Individuals, organizations, and corporations provide support, lending a unique characteristic to the Fund.   

A gift to the Hedin-Hartnagel Memorial Fund is a meaningful type of remembrance. Contributions perpetuate the generous, humanitarian spirit in which Dr. Hedin and Dr. Hartnagel enriched the quality of life in the Red Wing community. 

Any further questions, please call Dodie Harris at 651-388-8921 or email harris@redwing.net.