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Novell Career Builder Loan Program

Novell Education has chosen Associates Capital Bank to bring you the Novell Career Builder Loan Program. Associates Capital Bank is part of the Associates, a multifaceted financial services company serving millions of commercial and consumer customers for more than 75 years. Please call Associates Capital Bank at 1-888-200-9517. Web address - education.novell.com/loan. Programs approved for this loan:

  • Certified Novell Engineer (CNE)
  • Master Certified Novell Engineer (Master CNE)
  • Certified Novell Administrator (CNA)
  • Certified Internet Professional

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Microsoft IT Skills Loan

Training Loans: Finance your Microsoft education-related expenses, including course tuition, books, fees and even living expenses while you are taking classes.
Call 1-888-895-LOAN or visit www.itloan.com.

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Wells Fargo Connection Career Loan

Financing Options for Every Student
The Wells Fargo Education Connection Career Loan makes it easier than ever for you or a family member to get an education financing. You can borrow from $1,500 to $25,000 per year (up to a lifetime maximum or $100,000) to finance all of your education-related expenses. You can even borrow up to $5,000 for a personal computer!

  • Undergraduate degrees, graduate and professional programs at approved proprietary schools
  • Full-time, part-time,  half-time, and less than half-time students
  • Two-year programs
  • Pre-pay without penalties
  • Eligibility
    • Students attending eligible propriety school
  • Loan Amount Available
    • $1,500 - $25,000
  • Fees
    • Origination fee: 8.90% - included in total loan amount
    • No out-of-pocket fees 
  • Repayment Term
    • 20 year

Call 1-800-230-4080

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SLM Financial Corporation

Sallie Mae Loans call 1-877-834-9851. For more information and application visit - www.salliemae.com/slmfin

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Key Bank Loan

Finance an IT education
Apply online www.key.com
Phone: 1-800-828-3509 (choose Option 2)

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TERI Loan Programs

Loan Programs for Undergraduates, Graduates, Parents of elementary/secondary schools. Online application at www.teri.org Call 1-800-255-TERI

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PLATO

Apply online www.plato.org Phone: 1-800-467-5286

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SunTrust Bank

Call 407-839-7786

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First Union Bank

Education Loans, Phone: 1-800-955-8805

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Fed Loan Program

Phone: 1-800-4FEDAID(333243)

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Quest Funding

An academic scholarship service, phone: 1-801-229-2281

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UCF Credit Union

Phone: 407-823-3176

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NEA College Loan

For teachers seeking undergraduate, graduate and continuing education loans
Phone: 1-888-463-2435

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UCF Emergency Short Term Loan

Phone: 407-823-2000

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SLM Financial Program for Corporations and their Employees

THE CAREER TRAINING LOAN CORPORATE PARTNERSHIP PROGRAMS

Many leading corporations invest in education or training for their employees, through tuition reimbursements or tuition payments. In either case, employers make an investment up front, with the expectation that employees will stay with the corporation after the training is completed.

The Career Training Loan Corporate Partnership Program (CPP), offered by SLM Financial Corporation, is designed to protect a corporation's investment in its employees, and provide employees with the opportunity for continued education. Under the program, a corporation makes Career Training LoanSM payments on behalf of its employee, for an agreed time period, as long as the employee continues to work for the corporation.

CPP ensures that corporations and employees benefit more from the investment made in the employee education.

WHY THE CORPORATE PARTNERSHIP PROGRAM?

Corporate Benefits
Reduce financial risk
Corporations know that after an employee completes continuing education or training, a new job opportunity may cause the employee to leave. When this happens, the corporation does not fully capitalize on the investment it has made. With CPP:

  • You pay only as long as the employee stays with your corporation during the 3-year repayment period.
  • Career Training Loan payments are spread over three years to minimize up-front costs.
  • If the employee leaves the corporation, then defaults on the loan, your corporation is not obligated for the remaining balance of the loan.
Flexible repayment options
Corporations have the option to make:
  • Full principal and interest payments, beginning 30 days after loan disbursement, or
  • Interest-only payments (during the in-training or in-school period), then standard principal and interest payments for the remaining term.
Recruiting tool
Your corporation can use the CPP to recruit new employees, and promote it as a benefit of employment.
Reduce costs by prepaying
Your corporation may prepay the loan at any time without penalty.

Employee Benefits
Save money on education or training

  • The CPP can save employees hundreds, even thousands, of dollars on their cost of education.
  • Employees can use the loan to pay for tuition and education-related expenses.
  • CPP provides an opportunity for financial support by an employer if none currently exists.

Career Training Loan Features And Benefits
CPP participants save money

  • Interest rates start at Prime + 1% with a 1% fee for borrowers with excellent credit.
  • Interest rates are variable, resetting on the anniversary date of the loan.
Cover the total cost of education
  • Borrow a minimum of $1,000 up to the cost of education (less financial aid received).
  • The loan can include education-related costs (up to 60% of the tuition amount, not to exceed $6,000).
Quick application processing
  • Fast approvals within 24 hours
  • 85% of applicants are approved

Schools Benefits
Builds relationships with corporations Schools and training centers in the community also benefit when corporations participate in the CPP.

  • Solidifies or expands relationships with corporations to provide financial support for students.
  • Provides an opportunity to recruit more students from corporations.
Increases enrollment
  • Diversifies the demographic mix of an entering class.
  • Increases immediate cash flow and efficiencies by eliminating deferred payments and corporate billings.

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