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Canadian Forces Personnel Assistance Fund


Self-Improvement Loan Program (SILP)


SILP Check List

*Documents to be attached to your application:

1. Self-Improvement Loan Application Form.
2. Direct Deposit Form.

Submit all of the above (no faxes) to your local
SISIP FS / Base Financial Counsellor or CFPAF loan Administrator.

*Additional financial information may be required at the discretion of your financial counsellor, or CFPAF loan administrator.

Loan funds will be deposited into the member's bank account directly from CFPAF .

   

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Re-Payment Schedule

LOAN
PRINCIPAL
12 MONTHS
18 MONTHS
24 MONTHS
$ 500.00
$ 42.92
N/A
N/A
$ 700.00
$ 60.09
N/A
N/A
$ 1,000.00
$ 85.84
N/A
N/A
$ 1,200.00
$ 103.00
N/A
N/A
$ 1,500.00
$ 128.76
N/A
N/A
$ 2,000.00
$ 171.67
$ 116.01
N/A
$ 2,500.00
$ 214.59
$ 145.01
N/A
$ 3,000.00
$ 257.51
$ 174.02
N/A
$ 3,500.00
$ 300.43
$ 203.02
$ 154.33
$ 4,000.00
$ 343.35
$ 232.02
$ 176.38


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To complete the SILP Application using Acrobat Reader®:

1. Select the hand tool in the Adobe environment. Hand tool

2. Position the pointer inside the form field, and click. The I-beam pointer allows you to type text. The arrow pointer allows you to select a radio button.

3. After entering text or selecting a radio button, do one of the following:

• Press Tab to accept the form field change and go to the next form field.

• Press Shift+Tab to accept the form field change and go to the previous form field.

• Click inside the next form field to enter or edit text.

4. To print the completed form, select legal size paper (8.5" x 14"), click the print button from either the Adobe environment or your browser window before leaving the application form. Print icon

 

 

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Last Updated: March 27, 2007