Financial Aid
Loans
Note: SLM Financial Corporation discontinued their Career Training Loan program on February 5, 2010. If you arranged for a loan prior to that date, your first payment must be received no later than May 4, 2010.
We are currently researching new opportunities for financial aid.
Loans are available to our students through SLM Financial Corporation, a Sallie Mae company. These loans will be available throughout your training and advanced training.
We know for many of you that continuing your education or changing your career means accessing funds that you may not currently have - borrowing from parents, using your credit card or taking out a loan. Sallie Mae offers the Career Training Loan.
Eligibility
- You must be a U.S. citizen or permanent resident and have an established credit history.
- The institution you are attending must be licensed or accredited by the department of education in the states where they do business.
Benefits
- Competitive interest rates that reward creditworthy borrowers.
- If you do not have an established credit history, applying with a creditworthy cosigner may help you qualify for the loan. Even if you have an established credit history, you may be eligible for a lower interest rate if you apply with a creditworthy cosigner.
- Creditworthy borrowers may request a cosigner release from the loan obligation after making the first 24 consecutive payments of principal and interest on time.
Features
- Easy online application with fast credit decision and electronic signature.
- Borrow for both tuition and other education-related expenses
- No prepayment penalty
- 24/7 online account management.
- Combined billing when you have multiple Sallie Mae-serviced student loans.
Loan terms
- There is no aggregate loan limit.
- Borrow as much as you need to pay for your education, up to the cost of attendance as certified by your school and confirmed by Sallie Mae, less other financial aid received.
Interest rate
- Manage your credit well and you may qualify for a lower interest rate.
- TheThe Career Training Loan has interest rates that reward good credit. Interest rates are variable and reset monthly.
Repayment
- You may take up to 15 years to repay your loan.
- With the standard repayment option, you make level, monthly payments of principal and interest. The minimum monthly payment is $30.
- With the interest-only repayment option, you make interest-only payments while you are in school and begin standard repayment of principal and interest once school is completed.
Speak with our Admissions Counselor at (800) 803-1952 for the details on how to apply.
Veterans Benefits
The Rolf Institute is approved to provide the Post-9/11 GI Bill education benefit program.
