ACC Illinois Chapter
A MESSAGE FROM THE ILLINOIS ACC BOARD
ILLINOIS ACC TEAM, AT YOUR SERVICE
At ACC ILLINOIS, our goal is to equip Muslim students from Illinois with the financial independence to pursue higher education while eliminating the hurdles of student debt and interest-based loans. We are motivated by students who have strong Muslim identities and study in all fields and work to provide interest-free loans. We aim to diversify the pool of candidates and to select students from diverse racial and economic backgrounds in a wide array of fields of study.
As a chapter of A Continuous Charity, a national 501(c)3 nonprofit organization, we support the goal of promoting the spiritual and intellectual development of Muslim students in North America.
View a short two minute youtube clip illustrating this interest-free approach in a concise manner. We believe it is easy to follow along and may serve as a source of guidance for those that are seeking such help.
CREATE YOUR FAMILY'S LEGACY
Families have always looked for opportunities to develop a long-term source of constant sadaqah (a continuous charity). In the past, scholarships for students have been an amazing tool to accomplish this as they help energize students and help them pay for their education. Families know that once students graduate, they will be able to support their family and give back to the community thus giving a source of constant sadaqah.
However, with the ever increasing cost of tuition, the scholarship model has limitations as it will require constant funding to keep the family fund alive. If the funding ever stops, the family fund ceases and the legacy will come to an end. ACC is suggesting a different, longer lasting, and self-sufficient model: the interest-free loan model. The loan model will ensure that the funds are not depleted over the years but rather continue to increase and grow over the decades.