Financing

A woman and child work with an iPad fitted out as a communication device

UATP’s financing options are offered in partnership with the Utah Assistive Technology Foundation (UATF), a private, non-profit organization organized in 1991 under the laws of the state of Utah. Over the years we have helped thousands of Utahns with disabilities of all ages obtain loans and grants to purchase the assistive technology that allows them to be more independent, productive and successful at home, at school, at work and in the community. 

 The Executive Director of the Utah Assistive Technology Foundation is Sachin Pavithran.

Assistive Technology Loans

UATF partners with Zions Bank to provide low-interest loans of up to $50,000 to purchase assistive technology or devices. Up to $25,000 may be loaned for home modifications. Some examples of eligible purchases or adaptations include, but are not limited to:

  • Adapted vans
  • Wheelchairs or scooters
  • Hearing aids
  • Braille equipment
  • Lifts or elevators
  • Adapted computer accessories and software
  • Augmentative and alternative communication devices, including iPads and apps

Loan requirements include an application, information on the assistive technology device, and is based on credit score, debts and income. Proof of disability is not required. 

Loan specifics

A woman poses from her wheelchair inside an adapted van

The interest rate is based on current prime interest rate. There are no application or documentation fees.

If a loan is approved, UATF will pay 2% of the interest. UATF applicants will pay prime minus 2%. For example, if the current prime interest rate is 5%, and the loan is approved by Zions, the consumer will pay 3% interest and UATF will pay 2% interest. The interest rate is variable on signature or lower-dollar loans. Loans for bigger-ticket items such as adapted vans will be at a fixed interest rate.

Processing time ranges from one to two weeks. Loan terms are set by Zions Bank, but typically must be paid off in five years for adapted vehicles and up to three years for other devices, depending on the amount borrowed.

Zions Bank will make final approval for all loans by reviewing credit report and credit history. To apply for a loan through this program, read the loan instruction sheet first and then download and print the loan application. Include an invoice or other documentation showing make, model, total cost and the name of the business where you would like to purchase the device.

Email, fax or regular mail the application and invoice to:

Lois Summers | 6835 Old Main Hill | Logan, UT 84322-6835

Fax: 435-797-2355

 

Small Grants

UATF offers small grants of up to $400 for Utahns with disabilities to purchase assistive technology devices. Grants are for Utahns with low income who are at or below 150% of federal poverty guidelines and have no other funding source. Current 150% federal poverty guidelines by household size and household income are shown below.

Household Size

150%

1

$18,210

2

$24,690

3

$31,170

4

$37,650

5

$44,130

6

$50,610

7

$57,090

8

$63,570

9

$70,050

Each application will be considered on an individual basis by the UATF board. Decisions are based on household size and household income and type and cost of the requested assistive technology device.

To apply for a small grant, fill out the small grant application and email, fax, or regular mail it to the address or fax number below.

Lois Summers | 6835 Old Main Hill | Logan, UT 84322-6835

Fax: 435-797-2355

Detailed information about the assistive technology device needs to be included (make, model, cost, where the item will be purchased), as well as any descriptive supporting documentation. Any grant for an AAC device including iPad or other tablet requires an evaluation by a qualified speech/language pathologist to ensure an individual has prior successful experience with the device and that it is being primarily used for communication.

Small Business Loans

UATF partners with Utah MicroEnterprise Loan Fund to provide reduced interest rate small business loans.

Loan amounts vary, depending on type of business, business plan and applicant qualifications. If the loan is approved, UATF will pay 2% of prime and the origination and documentation fees. Loan applicants will pay prime interest rate + 2% interest at a fixed rate for the life of the loan (generally up to five years).

Processing time ranges from three to six weeks. Loans are available to purchase: tools of the trade specific to the business, home or office modifications, computer or other office equipment, vehicles or farm equipment, etc. Our goal is to increase employment opportunities for Utahns with disabilities. Applicant requirements: 

Read the application instructions, download and fill out the small business loan application and return it to UATF either via email, fax, or regular mail. 

Gifts and Donations

Gifts and donations of all sizes are very much appreciated. Every gift goes toward helping a child or adult with disabilities obtain the technology that will make a tremendous difference in their life. Assistive technology helps people with disabilities hear, speak, talk, read, write and move from place to place.  All donations are tax deductible.

All gifts to the 501(c) 3 Utah Assistive Technology Foundation are tax-deductible to the maximum extent allowed by Utah law. Find out how to donate here. Thank you in advance for your support.

Contact UATF

Lois Summers portrait

 

Lois Summers

Fax: 1-435-797-2355
Phone: 1-800-524-5152
6835 Old Main Hill, Logan, UT 84322-6835

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