Frequently Asked Questions

What is Assistive Technology?

Assistive Technology (AT) is any object, device, software or tool used to make life easier for people with disabilities. It can be low-tech or high-tech or anything in between. Examples of AT include: hearing aids, wheelchairs, learning software, modified vehicles, dressing aids, Braille note-takers.

What AT can be purchased with FreedomTech loan money?

FreedomTech loans can be used to purchase a variety of assistive technology including but not limited to:

• Hearing aids
• Wheelchairs
• Vehicle modifications
• Computers/tablets
• Software
• Home modifications like ramps

How much money can I borrow?

FreedomTech loans currently range from $500 to $15,000.

Who can apply?

The program provides loans to purchase assistive technology for Californians with disabilities. People with disabilities may apply. A family member or representative can also request a loan to benefit a person with a disability. Applicants must demonstrate the ability to repay the loan.

What is the interest rate?

6.0% fixed interest rate (5.75% if you sign up for Automatic Payments). Origination fee is 1.0% of the requested amount of the loan.

What are terms of the loan?

6 month loans and 1-5 years loans. Loan terms will vary depending on the useful life of the assistive technology and the applicant's financial situation.

What are the fees?

There is a one time origination fee equal to 1% of the amount borrowed. This means that for every $1,000 borrowed, there is a $10 origination fee charged. The origination fee can be financed into the loan so there are no out-of-pocket fees or paid at closing to reduce interest charges.

Where can I learn more about establishing and building my credit?

Our website includes a variety of resources. Visit our Financial Education Resources page to access our current list of financial resources. You can call us at 800-390-2699 with specific questions or to learn more.

How do I apply?

Visit our FreedomTech Loan Application page to access our current application or call us at 916-737-5358 to request an application and learn more about current program requirements.