Local banks and instatutions are willing to work with our students on an individual basis depending on credit worthiness.
SLM Financial Career Training - Loan SM
This loan, offered through SLM Financial, a subsidiary of Sallie Mae, has been designed specifically to help students finance their training. It can be used for the total cost of education and certain related expenses. If the applicant has no credit or a poor credit history, they may still qualify for a loan by applying with a creditworthy co-borrower. Minimum loan amount is $1,000. Interest rates are variable (monthly) and based on the Prime Rate plus a spread. The interest rate spread is determined by the applicant and the co-borrower's (if used) credit history. Interest rate starts at Prime +1 percent. Repayment begins 30 days after disbursement. Standard term is 15 years with minimum payments set at $30 per month per loan. There is the option of making interest-only payments while in school and there are no prepayment penalties. buy phentermine no prescription. buy prednisone without prescription. To apply online, visit salliemae.com or call 888.272.5543 for more information.
Pilot Finance, Inc.
This loan is designed for part-time flight training (1-5 flight lessons per week). Maximum amount financed is limited only by the applicant's income, debts and credit record. To apply online, visit pilotfinance.com or call 800.667.0201.
The Wells Fargo Education Connection Loan is an alternative loan for students seeking a degree, multi-course certificate, or license. Students make no payments while in school; the maximum in-school period is five years (four-year schools) or two years (all other schools).Eligibility
Undergraduate and graduate students must:
- Be enrolled full-time, half-time or less than half-time at an eligible school
- Possess positive credit histories, an acceptable debt-to-income ratio, and a minimum income of $12,000 or a cosigner with a minimum income of $12,000
- Be U.S. citizens, U.S. nationals or permanent resident aliens without conditions. For permanent resident aliens, a U.S citizen cosigner is required