CED Solutions Boot Camp Financing
Here to Help You Help Yourself!
Call today and sign up for your career-enhancing certification boot camps at CED Solutions! Credit cards, personal checks, and money orders are all acceptable for the down payment, which must be received at least 7 days prior to the starting date of the class.
Students who are applying for financing must email CED Solutions as soon as the application has been completed. A valid email address is necessary to forward the final loan documents. E-signature is available and is recommended for faster
processing
Loan disbursement dates must be 21 days prior to the class start date. We recommend 30 days (maximum) prior to class state date so that study
materials can be sent and travel can be arranged in advance.
SLM Financial
(Atlanta Training Only)
The Career Training Loan has been designed specifically to help you finance your IT training and can save you money compared with other financing options. It can be used to cover the total cost of attendance, including education related expenses, such as books, software and supplies, a computer, and even living expenses. Up to 60% of the tuition amount is allowable for education-related expenses, not to exceed $6,000. (Example: If your class is $6,995 you can get an additional $4,197.00 for education-related expenses. Making a total loan request of $11,192.00.)
The Career Training Loan is geared to your success and we've made it easy to apply. The process is fast and acceptance rates are high - about 70%.
Career Training Loan Features
- Pricing that rewards good credit, plus, applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate
- Cosigner release is available
- Cosigner release option available after 24 consecutive on-time payments of principal and interest
- The release of a cosigner is at the sole discretion of Sallie Mae.
- The borrower must have a satisfactory history of making principal and interest payments and meet underwriting guidelines when the request for cosigner release is processed.
- The borrower's account must remain current until the request for release is processed and the borrower must be a U.S. citizen or permanent resident at the time the cosigner release is processed
- Flexible repayment options to help make your monthly payments more manageable (Maximum 10 year repayment)
- No prepayment penalty
- Combined billing may be available for Sallie Mae-serviced student loans.
- Easy online application and 24/7 account management.
Interest Rates
For information on interest rates please refer to this link:
http://www.salliemae.com/get_student_loan/apply_student_loan/interest_rates_fees/#Career_training
Applying and eSigning
It's easy to apply for a Career Training Loan. Just click “Ready to Apply?” and provide the requested information. Remember, if you do not have an established credit history, applying with a creditworthy cosigner may help you qualify for the loan. Even if you do have an established credit history, you may be eligible for a lower interest rate if you apply with a creditworthy cosigner.
eSigning the Career Training Loan application through Sallie Mae’s secure online process helps reduce the risk of identity theft and fraud. Both you and your cosigner will have the option to electronically sign your loan documents during the online loan application process if the application is credit approved. If your cosigner is not available at the time you complete the online loan application, simply provide them with the confirmation number and PIN given to you during the application process. They can easily access and separately complete the cosigner portion of the loan application.
Apply today
Steps for Applying Online
- Open your browser to http://www.salliemae.com/get_student_loan/find_student_loan/training_loans/career_training_loans/
- Select the "Ready to Apply?" link
- Select the "Start your Career Training Loan application" link
- Select "GA" from the School Selection menu
- Select "CED SOLUTIONS, LLC. - MARIETTA, GA 300670004" from the list of schools
- Enter "Stephanie Brannon" as the school contact name
- Accept the Terms of Service
- Continue to enter your personal information to complete the application
SLM Co-Borrower Program
Increase your chances of being approved by using the SLM Co-Borrower Program.
Download the SLM Co-Borrower Checklist!
Determining the Need for a Cosigner
If the answer to any of the following questions is YES, you should consider applying with a creditworthy cosigner.
- Are you currently unemployed?
- Do you have a limited or no credit history?
- Do you have a poor credit history (i.e. several delinquencies on open lines of credit or accounts that have been placed in collection)?
- Do you have a high debt-to-income ratio?
- Have you filed for bankruptcy?
Benefits of Applying with a Cosigner
- By applying with a cosigner, you may receive a lower interest rate and loan fee if the cosigner has a significantly better credit rating than the applicant. This would result in lower monthly payments and less accrual of interest over the term of the loan.
- Adding a cosigner may not only assist with a loan approval, but it may also allow the applicant to begin establishing a solid credit history.
Repayment Options
- Payments begin within 30 days of first disbursement
- With the standard repayment option, you make level, monthly payments of principal and interest (Maximum 10 yrs)
- With the interest-only repayment option, you make interest-only payments while you are in school and then begin standard repayment of principal and interest payments once school is finished. Please note that the interest-only payment period cannot exceed the school-certified completion date.
Education Investment Planner® (Guide your savings today, to reduce student loan costs tomorrow)
Our Education Investment Planner® is a free, online tool that makes it easy to quickly estimate the total cost of college and find ways to save and pay for it. With Education Investment Planner, you can:
- Project savings against future education costs and compare savings plans for college-bound students
- Compare cost of attendance estimates at more than 5,500 colleges and universities and explore funding options to help meet the projected cost
- Help estimate what monthly student loan payments could be after graduation
Upromise Loan Link® (Earn money to help pay down your student loans)
Join Upromise® by Sallie Mae where your everyday spending can help reduce your SallieMae student loan balance. With Upromise Loan Link®, it's easy. Your Upromise savings balances of at least $25 can be automatically transferred to a Sallie Mae-serviced student loan account on a quarterly basis. Not all loans are eligible. To learn if your loan is eligible for Upromise Loan Link, or to register, visit Upromise.com/LoanLink.
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