Benefits of a Payment Plan
- Provides full financing for direct-billed expenses (tuition and fees) each trimester
- Affordable monthly payment amounts
- Ability to extend your repayment up to 8 years after graduation
- NO CREDIT CHECK
- Low, fixed interest rate of 9%
- Low application fee
- Simple application process is completed online
- No prepayment penalties
Extended Plan (9% interest rate) - Up to 96 months available
This plan is for students who want to make lower monthly payments over a longer period of time. You will pay reduced payments during the in-school period - limited to interest only and as low as $25. Fixed amount principal and interest payments begin once you graduate and continue for up to 8 years. Your monthly payment amount depends upon the plan amount, and your fixed monthly amount once you enter repayment will never be less than $50. The application fee is 3% of the amount financed, and must be paid at the time of applying using either a debit or credit card. A co-signer will be required, but there is no credit check.