Career Training Smart Option Student Loan®
The simple and smart career training loan
Our Career Training Smart Option Student Loan offers competitive interest rates and various financial and educational benefits, including a choice of repayment options.
Savings and choice2
- Interest Repayment Option. Make monthly interest payments while in school.
- Fixed Repayment Option. Pay just $253 a month while in school.
Competitive variable interest rates
- No prepayment penalties.
Get the money you need for school
- Borrow up to 100% of the school-certified cost of attendance.
Lower your interest rate
- Choose the Interest Repayment Option and receive a rate that is 1 percentage point lower than the Deferred Repayment Option.
- Get a 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit.
- Variable interest rates from 4.75% APR to 11.89% APR.2
- 0.25 percentage point interest rate reduction while enrolled to make scheduled monthly payments by automatic debit.4
- 0% Disbursement fees
- Choose the repayment option that works for you while you are in school—pay just $25 a month, or make monthly interest payments on your loan.
- Full principal and interest payments begin six months after you leave school for all repayment plans.
- No prepayment penalty, regardless of the repayment plan you choose.
Get help deciding which loan is right for you.
Call us at (877) 279-7172(877) 279-7172
Manage your loan
A cosigner can help you qualify
If a parent or other creditworthy individual cosigns the loan with you, it may give you a better chance of approval.
Cosigner release available
You may apply to release your cosigner from the loan after you graduate, make 12 on-time principal and interest payments and meet certain credit requirements.