AT Low-interest Financial Loan Program
The Assistive Technology Loan Program helps Maryland residents with disabilities and their families qualify for low-interest loans to buy equipment that will help them live, work, and learn more independently.
Program Highlights
Who Can Apply?
Anyone who intends to use the loan to buy assistive technology for a Maryland resident with a disability. That includes people with disabilities, family members, friends, etc.
What To Know
All loans facilitated through the AT Financial Loan Program are offered at a discounted interest rate.
There are two ways to be approved: through the lender with a discounted interest rate OR through the ATLP with a discounted interest rate.
All interest rates are subject to change and vary depending on credit worthiness
Rates vary based on creditworthiness.
Rates will be disclosed at the time of application processing and approval.
To determine what interest rate you qualify for, submit your assistive technology application today!
How To Apply?
Complete & submit your ATLP application online
OR
Download the ATLP Application here and email the completed application, with supporting documents, to mdtap.atlp@maryland.gov.
Will Everyone Be Able To Get A Loan?
No. The program will look at income compared to debt, stability in residence/job, payment history with existing creditors, and financial ability to repay the loan. Some applicants will be declined, but the program's criteria are much less stringent than those of a bank or other financial institutions, allowing for many applicants to be approved who otherwise would be turned down for a traditional bank loan.
How Much Can I Borrow?
From $500 to $70,000.
- Unsecured AT loans up to $10,000.
- Unsecured vehicle * and home modification loans up to $20,000. *Other restrictions may also apply.
- Non-adapted vehicles up to $40,000. *Restrictions Apply.
- Adapted vehicles up to $70,000. *Restrictions Apply.
What Is The Interest Rate?
All loans have below-market interest rates. Rates remain fixed for the term of the loan.
What Type Of Equipment Can I Buy With These Loans?
A wide variety of assistive technology. "Assistive Technology" is any device that helps a person with a disability live more independently and productively. It includes:
- Home modifications
- Adapted & non-adapted vehicles
- Scooters and wheelchairs
- Braille equipment
- Hearing and vision aids
- Augmentative communication devices
- Environmental control units
- Computers and adaptive peripherals
- Many other devices
Money Management & Education
Not sure how your credit will impact your loan application? Need financial advice? CASH Campaign provides free financial classes and coaching.
