Applicants are required to make 12 payments of $38.75 and keep the credit union account after they finish paying the loan. The credit union offers them a $25 savings bonus once payment is completed.
The only requirement for the loan is a proof of income. If the applying DREAMer doesn’t have a job, a friend or family member can apply for them. Additionally, all undocumented immigrants must come with the paperwork completed. However, other organizations, such as the Northern Manhattan Coalition for Immigrants Right, can help them put the application together.
“I want to do it for them, for my kids,” Salas said. “I don’t want them to finish high school and say, ‘Well, you didn’t go then I’m done.’ I want them to go to college."