Acoustic Edge Institute works with various educational lenders to help make your training possible..
Regardless of your credit! We’ll do our best to find you tuition financing!
If you need training to advance or change your career, don’t let the cost of training prevent you from achieving your goals. The Career Training Loan has been designed specifically to help you finance your education. The Career/Vocational Training Loans is private, credit-based student tuition assistance loans.
Tuition Assistance Application will provided funding for all programs provided by campus.
Department of Veterans Affairs - Approved for "VA Education Benefits"
VA Facility Code: 2-5-0905-43
FUNDING YOUR EDUCATION
Lenders loan base on credit scores. Maintain good credit.
If your credit is less than ideal, you may still qualify for a loan by applying with a creditworthy cosigner. Even though there is an additional fee for each cosigner, you may still save. That’s because when you have a creditworthy cosigner with a credit rating that is better than yours, it can lower your interest rate.
The school and it financial aid office act on their own behalf and do not represent you.
When a potential student seeking a career/vocational tuition assistance loan and lacks credit history, whether they are a new student, or a first-time car buyer, or a consumer with a less than stellar track record in the financial arena, arranging for a cosigner on an tuition loan makes all the sense in the world. There are many reasons to go with a cosigner for a tuition loan, and potential borrowers frequently seek out family members or friends to act in this coveted role. That’s not to say all cosigners are eager to sign onto a debt process, but many times, older members or individuals with a solid job history and good credit will go out on a limb for those they trust.
The main benefit of going with a cosigner for tuition loans assistance is that any credit challenged student will automatically receive better interest rates by adding the cosigner, than they would by applying for a loan by themselves. That’s because lenders base interest rates on what kind of a credit risk a borrower may be. For this reason, having a cosigner is very popular with those who have not built up good credit and want to avoid higher interest rates on a loan.
While a first time borrower or other unseasoned borrower pay on their first loan with a cosigner, they are building up credit that will help them in the future. Having a cosigner on a loan buys time for a borrower to pursue building a good credit history with credit cards, buying a your first car, or anything else where prompt payment can boost a credit score.
Another great aspect about using a cosigner on a tuition assistance loan is that you have a sympathetic yet motivating voice in the mix. Some less attentive borrowers may not tend to follow through on their own, and the lender may not be able to get the message through that payments need to be made. A cosigner can help bring this point home to the borrower before the situation gets out of hand.
The cosigner, as someone with a good financial history, solid employment, and good credit, is generally someone who is wise about the ways of the financial world. This means that the cosigner can also provide some good advice while financing arrangement is made with the schools financial aid personnel. It’s not uncommon for an individual to get not just a better interest rate but also good sound financial advice from a cosigner.
All of these contribute to the vast amount of individual who seeks a cosigner on their first loan, rather than choosing to go it alone and risk dealing with high interest rates that can cause a debt to snowball over time.
The Career Training Loan offers interest rates and fees that reward good credit. Our pricing is structured so you get the best possible terms that we offer based on your credit history.
- You must be a U.S. citizen or permanent resident and have an established credit history.
- Minimum age 18—As a note holder.
- The institution you are attending must be licensed or accredited by the department of education in the states where they do business.
- The Career/Vocational Training Loan has interest rates that reward good credit.
- You may borrow for tuition
- There is no prepayment penalty.
- 24/7 online account management.