All BLET members with adolescent children going on to higher education, whether it be for trade school, associate, bachelor or graduate degrees, please take notice. The Franklin P. Greene Fund, established in 1956, is an educational loan fund set up to assist the children of living or deceased BLET members by providing educational assistance with low-interest loans.
One of the major benefits to these loans is that they are interest-free while the student is enrolled in post-secondary education. Payments may be made prior to graduation, which means any portion of the loan that is paid off while the student is still in school is interest-free.
Brother Franklin P. Greene was a member of BLET Division 266 (Gladstone, Mich.) and a locomotive engineer on the Soo Line from 1895 to 1940. Before his death at the age of 86, Brother Greene wrote to then-Grand Chief Engineer Guy L. Brown stating, “… everything I have I owe to the Brotherhood of Locomotive Engineers.” In appreciation for what the Organization did for him, Brother Greene established the loan fund in his will.
Go here for more information on the loan requirements and the application process.