The Royal Canadian Naval Benevolent Fund
How the RCNBF Can Assist
The Fund is always ready to
assist applicants by giving them helpful advice in rearranging their
personal affairs, by assistance in applying to proper Government, other
public agencies or private sources for aid to which the applicant may be
entitled. There are many cases which do not reach the proper authorities
simply because the person in need is not aware of the correct steps to be
taken, or where the veteran is reluctant to apply for local public relief
to which he may be entitled.
When financial assistance is
considered necessary this is accomplished by means of a grant or interest
free loan. It is not deemed to be equitable to make an outright grant
where the applicant is able to solve his difficulties over a period of
time with the aid of a loan, nor is it desirable to ask the applicant to
repay a loan where such a repayment would cause hardship or prevent
him/her from achieving a sound financial position from where he can carry
on without further assistance. The decision to make a grant or loan is
based on all the circumstances shown in the application, supported by the
investigator's report and recommendation.
Loans are made interest
free, repayable at a rate which can be handled conveniently by the
applicant without causing hardship.
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