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Disability Loans, Grants and Low Income Finance Information

Disabled World: Revised/Updated: 2019/05/05

Synopsis: Financial assistance sources for low income earners including disability loans and grants, home ownership down-payment and mortgage guides, and information on funds for accessible vehicles and college tuition fees. In finance, a loan is a debt provided by one entity to another. Disabled Students Allowances can provide extra financial help.


Main Document

Due to the limited information currently available online in regards to reputable sources of disability loans and grants for the disabled, Disabled World has compiled an online resource of financial assistance programs available including grants for low income families as well as singles, the elderly, disabled students, and people with disabilities.

Please Note: Disabled World does NOT provide loans, grants, or scholarships ourselves, but we do list helpful information and resources that may assist you to better source and navigate the online maze in order to obtain monetary assistance. The listed financial aid programs cover lending institutions for low income people in major world countries including Australia, Canada, New Zealand, UK, and the U.S.

Defining Loans and Grants

  • Loan Definition: In finance, a loan is a debt provided by one entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, principal amount, interest rate, and date of repayment. A loan entails reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
  • Grant Definition: Non-repayable funds or products disbursed by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often a nonprofit entity, educational institution, business or an individual - Grant Writing for a Wheelchair Van. In order to receive a grant, some form of Grant Writing often referred to as either a proposal or an application is required.

Having good credit can help you in a surprising number of ways. A good credit history can result in getting that dream job, lower interest rates on car loans and house mortgages, and aquire better rates on your insurance policies, according to the Insurance Information Institute.


Home and Housing Finance Information and Calculators


Home Improvement Loan and Grant Programs (U.S. Only)

The purpose of these loans and grants is to enable low-income homeowners to improve the safety and habitability of their homes. These home improvement programs can be implemented at the local, state, or federal levels and provide funding for low-income families to repair their houses, make home improvements, and/or remove health and safety hazards. These programs can be part of a broader home or housing improvement initiative or focused on specific issues such as heating and insulation, lead, or mold.

Help with Home Energy Bill (U.S.):

The Low Income Home Energy Assistance Program (LIHEAP) may be able to help with:

  • Assistance to pay your heating or cooling bills
  • Emergency services in cases of energy crisis, such as utility shutoffs
  • Low-cost home improvements, known as weatherization, and energy-related minor home repairs that make your home more energy efficient and lower your utility bills.

NOTE: LIHEAP funds may not be used to pay water and sewer bills.


U.S. Government Grants, Loans and Unclaimed Money

Listed below are various government loan programs available including grants for disabled people, low income home ownership, home mortgages, down payment loans, car and vehicle modification loans, personal loans, consolidation loans and college or education funding sources.


Emergency Assistance Funds

  • Emergency Solutions Grants Program - ESG funds may be used for five program components: street outreach, emergency shelter, homelessness prevention, rapid re-housing assistance, and HMIS; as well as administrative activities (up to 7.5% of a recipient’s allocation can be used for administrative activities).
  • SNAP Grants - Awarded on a first-come, first-served basis, SNAP grants provide funding for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals, who can qualify for the grants based on age, disabilities, income and other eligibility standards.

U.S. Department of Social Security Emergency Loans

Photo shows a persons left hand holding a pen and filling in a loan application.
Photo shows a persons left hand holding a pen and filling in a loan application.

In the U.S. The Department of Social Security can grant you an emergency loan of the equivalent to one month's benefits entitlement if you appear to qualify for disability through SSI's presumptive disability program (presumptive means something that is assumed to happen or assumed to be true). However, U.S. Social Security makes emergency payments to disability applicants only under some very specific circumstances, only those who can prove extreme hardship, e.g. a lack of food or housing, can qualify for the advance payment. This loan is not free money or a grant, it must be paid back from your presumptive disability checks from SSI.

The state in which you reside may also have an Interim Assistance (IA) program if you are likely to qualify for SSI. In order to receive a loan through this program you will have to sign what is known as an interim assistance reimbursement agreement, which means you guarantee to pay back this assistance amount from your Supplemental Security Income (SSI) benefit payments.

NOTE: The Interim assistance (IA) program is usually administered by your state's public assistance, welfare agency, or department of social services.

U.S. Supplemental Security Income Expedited Benefit Payments

If your claim is for Supplemental Security Income (SSI) benefits for disability or blindness, Social Security may make presumptive disability (PD) or presumptive blindness (PB) payments for up to 6 months while you are waiting for the Disability Determination Services (DDS) to make a final decision. Their decision to grant you PD or PB payments is based on the severity of your condition, the evidence available at the time, and the high likelihood that your claim will be ultimately approved, and is not based on your financial need.

The U.S. Department of Social Security MAY be able to make an emergency advance payment to new applicants, who face a financial emergency and are due SSI benefits that are delayed or not received. They will only pay one such advance payment - https://www.ssa.gov/ssi/text-expedite-ussi.htm

Social Security Compassionate Allowance Conditions List - Compassionate allowances are a way of quickly identifying diseases and other medical conditions that clearly qualify for Social Security and Supplemental Security Income disability benefits. The compassionate allowances list allows the U.S. Department of Social Security to make speedy decisions for the most obviously disabled individuals. If a claimant has a condition on the Compassionate Allowance list the SSA can approve their disability in as little as 10 days, with limited medical information which proves their diagnosis.

Can Getting a Loan Affect My SSI Benefit?

If you enter into a valid loan agreement, the value of the cash or item you receive is not income and does not reduce your Supplemental Security Income (SSI) benefit. However, any funds that you may borrow - which you do not spend in that month - will count toward your SSI resource limit of $2,000 for singles, and $3,000 for couples, the next month - (https://www.ssa.gov/ssi/spotlights/spot-loans.htm)

Supplemental Nutrition Assistance Program (SNAP) (Food Stamps)

The Supplemental Nutrition Assistance Program or, 'SNAP,' which was called, 'food stamps,' in the past assists people with low-incomes to purchase food. While it is a program through the federal government, it is run by state and local agencies.

Anyone may apply for SNAP although a person and others in their household need to meet specific conditions. Everyone who is applying in a household needs to have or apply for a Social Security number and must be either a United States citizen, a U.S. national, or have status as a qualified alien - Further information regarding the Supplemental Nutrition Assistance Program.

Housing Grants for Disabled Veterans

Veterans Affairs (VA) provides grants to Service-members and Veterans with certain permanent and total service-connected disabilities to help purchase or construct an adapted home, or modify an existing home to accommodate a disability. Two grant programs exist: the Specially Adapted Housing (SAH) grant and the Special Housing Adaptation (SHA) grant - www.benefits.va.gov/homeloans/adaptedhousing.asp

VA Home Loan Versus CFHA Loans - A personal experience and comparison between a CFHA home loan and Veteran Affairs housing loans.

Disability Scholarships and Grants

Students with disabilities are advantaged when it comes to grants and scholarships. Since the IDEA made it illegal to segregate students with a disability, there has been a major push to offer grants for disabled students to pursue their educational goals. Not only are there grants for individual students, but the technological support that enables disabled students to participate in matters as well.

Disabled Students Allowances provide extra financial help if you have a disability or a specific learning difficulty like dyslexia. They are paid on top of the standard student finance package and don't have to be repaid. Full-time, part-time and postgraduate students can apply for Disabled Students' Allowances.

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