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Kentucky Assistive Technology Loan Corporation

Posted on: 07/15/2008

What is the Kentucky Assistive Technology Loan Corporation (KATLC)?

KATLC is a program funded by both private and public money to assist Kentuckians with disabilities to obtain assistive technology to improve their independence or quality of life. The KATLC Board of Directors manages the program.

Who can apply for a loan?

Eligible individuals are residents of Kentucky for at least six consecutive months, who either have a disability that permanently affects a major life activity, or is a parent/guardian of an individual with a disability and the ability to repay the loan. The purpose of the loan must be to purchase assistive technology to be used by the individual with a disability.


A nonprofit organization that provides assistive technology to individuals with disabilities may also apply if they can demonstrate how the adaptive equipment will be used for their potential customers.

What can I borrow money for?

Assistive technology is defined as "any item, piece of equipment or device that enables an individual with a disability to improve his or her independence and quality of life." Examples may include hearing aids, computers, augmentative communication devices, wheelchair ramps and van lifts. If you are not sure if the item you need qualifies under the program’s guidelines, please ask.

How much money can I borrow, for how long, and what interest rate?

The minimum amount you can borrow is $500 and the maximum amount is $25,000. The length of the loan is determined by the life expectancy on the assistive technology. All loans will be at a fixed interest rate of 4.50%*.

What if my credit record is poor, I don't have a job, or I receive funds from many sources?

KATLC, working in conjunction with their financial partner, is able to approve more loans than traditional loan programs because of our more lenient guidelines.

Who approves my loan?

KATLC reviews all applications for eligibility before forwarding to the partner financial institution. The partner financial institution then makes their decision to approve or deny the request. After financial eligibility is determined, the applicant will receive written notification within 7 working days.

How do I apply?

Applications can be found at the KATLC website at http://katlc.ky.gov. If you do not have access to a computer, you can call toll-free at 1-877-675-0195 to receive an application. All completed applications should be sent to:


Sarah Richardson
KY Assistive Technology Loan Program
209 St. Clair Street
Frankfort, KY 40601
or you may FAX your application to (502) 564-6745.


*Rate valid until June 30, 2010.

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KATS Network Coordinating Center
Charles McDowell Center
8412 Westport Road
Louisville, KY 40242
Local: (502) 429-4484
Toll Free: (800) 327-5287
Fax: (502) 429-7114