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ASUM > ASUM Agencies > Office of Transportation > Bike > No Interest Bike Loan

No Interest Bike Loans

Term and Rate: 12 month no interest loan for up to $400.00

To be eligible, the borrower must be:

  1. A current member of Missoula Federal Credit Union
  2. A registered Student at The University of Montana

To Apply for Funds:

  1. Go to the ASUM Office of Transportation.
  2. Bring your Griz Card.
  3. Fill out the MFCU "Loanliner Advance Request Voucher" form.
  4. Be able to pay 10% of the purchase price of the bicycle.

After bike is purchased:

  1. The borrower must bring a copy of the receipt and/or bill of sale (of the bicycle) to the ASUM Office of Transportaion. The receipt must show that they have paid at least 10% of the purchase price of the bicycle.
  2. The borrower must register the bike with the city of Missoula (this costs $5) and bring a copy of the registration within a week of purchase.
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