How can I get a low interest loan guaranteed by the Institute?

Mortgages: Tenured Associate Staff Scientist, Senior Staff Scientist, and Senior Research Fellows may request a recommendation from the Institute to the bank for a mortgage to purchase a dwelling up to the sum of $90,000. The loan is linked to the cost of living index bearing 4% interest. If the interest becomes considered a benefit, it will be taxable. The grant of the loan is conditional on the bank's approval. The above is applicable as long as the Staff Scientist has not received a housing loan while at the Weizmann Institute, in any previous position.

Short term loans: The Institute guarantees short term loans with very low interest from Bank Leumi to Institute employees.