SLM Financial Corporation Student Loans
Whether you are looking to become certified and build a coaching practice or simply looking to develop new skills, we
recognize how important it is for you to have the resources available to invest in yourself. To make the investment easier
for U.S. students seeking financial assistance for CTI training, we now have Student Loans available through SLM Financial,
A Sallie Mae Company.
For students enrolled in courses held in California, Colorado, or Minnesota, loans are available through the Career Training
Loan Program, at SLM Financial, a Sallie Mae Company. Please contact CTI, 800-691-6008, for information or if you have
questions about the online loan application process.
Sallie Mae Financial Corporation is a wholly-owned subsidiary of SLM Corporation, a Fortune 500 company also commonly known as Sallie Mae. Sallie Mae provides subsidized government loans to students attending Title IV schools (traditional 4-year colleges). Sallie Mae Financial Corporation was created to provide non-government-backed/alternative loans for non-traditional schools such as CTI.
Borrower must be a U.S. citizen, a U.S. national, or a permanent resident and must be creditworthy. You may be enrolled full, half time or less than half time. If you have no credit or a poor credit history, you may still qualify for a loan by applying with a creditworthy co-borrower.
In-person courses held in CA, CO, or MN (Fundamentals, Coach Training, Leadership)
Any telecourse: Certification Program
Tuition + additional funds to cover educational expenses (up to 60% of the tuition amount).
Student may borrow up to the total cost of the education, less other financial aid received.
Interest rates are variable (monthly) and based on the Prime Rate plus a spread. Your interest rate spread is determined by your and your co-borrower's (if you use a co-borrower) credit history. The interest rates start at Prime +1% with fees as low as 2% for borrowers with excellent credit.
Interest Rates and Fees available SLMA website.
Look under “Private Student Loans” and click on “Career Training Loan”.
Call SLMA at 1-888-272-5543 for Lender Information.
SLMA will disburse tuition funds directly to CTI via EFT. If the borrower requested additional funds, SLMA will disburse
these funds by check to the student.
Funding in as little as 7 days or less from receipt of completed application.
CTI recommends obtaining funding 1-month before course start date. Please start the loan application process at least 1-month before course start date.
http://www.salliemae.com/apply/borrowing/career_training.html
Online application or download hardcopy application links in upper right-hand corner of web page.
NOTE: Student must contact CTI for Disbursement Dates and Disbursement Amounts for the online application.
Hardcopy Application:
CTI has electronic version of the application that we may email to the student. Student must complete sections A and C and return the application to CTI. CTI will complete Section D and forward to SLMA for processing.
