CED Solutions Boot Camp Financing
Here to Help You Help Yourself!
Call today and sign up for your career-enhancing certification boot camps at CED Solutions! Credit cards, personal checks, and money orders are all acceptable for the down payment, which must be received at least 7 days prior to the starting date of the class.
Students who are applying for financing must email CED Solutions as soon as the application has been completed. A valid email address is necessary to forward any correspondence regarding your loan application. E-signature is available and is recommended for faster
processing
Loan disbursement dates must be 21 days prior to the class start date. We recommend 30 days (maximum) prior to class state date so that study
materials can be sent and travel can be arranged in advance.
SLM Financial
(Atlanta/Florida Training Only)
The innovative Sallie Mae Smart Option Student Loan®
- Saves you money over the life of the loan as compared to traditional private student loans
- Features shorter repayment terms as compared to traditional private student loans
- Encourages responsible payment habits
- Rewards good credit
Pay a little now, save a lot later. Select the Smart Option Student Loan® today.
Features
- Easy online application with fast credit decision and electronic signature ("eSign") available.
- 24/7 online account management.
- No prepayment penalty.
- You may be able to deduct the interest you pay on a qualified student loan
Benefits
- Pricing that rewards creditworthy borrowers.
- Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate.
- You may apply for a cosigner release after successful completion of your education.
- Interest-only payments required while in school & during the six-month separation period to avoid capitalization of interest & lower the overall cost of the loan.
- A 0.25 percentage point interest rate reduction is available for automatic debit.
Loan terms
Loan limits
- $1,000 minimum loan amount.
- 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
- Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate.
- The Sallie Mae Smart Option Student Loan has interest rates that reward good credit. Interest rates are variable & are reset monthly based on the one-month LIBOR Index.
Fees
- Disbursement fee of 0% to 5%.
- No repayment fee.
Repayment
- Monthly interest-only payments are required during the in school period and during the six-month separation period; by doing so you'll avoid capitalized interest and reduce your total loan cost.
- Principal and interest payments begin following the six-month separation period.
- Prepay your loan at any time without penalty.
Use the Sallie Mae Smart Option Student Loan Repayment Calculator to estimate your monthly payment amount and see how much you can save with a Smart Option Student Loan compared to a "traditional," deferred-payment, private student loan.
Another way to help pay down your loan
Join Upromise® by Sallie Mae where your everyday spending can help reduce your Sallie Mae student loan balance. With Upromise Loan Link®, it's easy. Your Upromise savings balances of at least $25 can be automatically transferred to a Sallie Mae-serviced student loan account on a quarterly basis. Not all loans are eligible. To learn if your loan is eligible for Upromise Loan Link visit Upromise.com/LoanLink, or to register, visit Upromise.com.
Applying and eSigning
Smart Option Student Loan
Student:
Applying with a creditworthy cosigner, such as a parent, other relative, or friend, has many benefits:
Greater chance of approval
A lower interest rate
Chance to establish a credit history
*Students who are foreign citizens must be attending a U.S. postsecondary school and must apply with a creditworthy cosigner who is either a U.S. citizen or eligible permanent resident. Applicable documentation of residency is required.
Students and cosigners:
To start your application, please have the following information available:
- Social Security numbers
- Monthly income and expense information
- Personal references
Do you have other student loans? If so, please have that information on hand as well.
It's easy to apply for a Smart Option Loan. Just follow the steps below and provide the requested information. Remember, if you do not have an established credit history, applying with a creditworthy cosigner may help you qualify for the loan. Even if you do have an established credit history, you may be eligible for a lower interest rate if you apply with a creditworthy cosigner. The process will take approximately 20 minutes.
Apply today
- Loan disbursement must be 21 days prior to the beginning class
- CED School Code #605975-00
- CED Financial Coordinators - Stephanie Brannon, Mary Booth
Steps for Applying Online
- Open your browser to http://schools.salliemae.com/loan-product.aspx?L=802218&P=SO&S=00605975&T=I
- Under Select a state choose "Georgia"
- Under Select a School choose "CED Solutions, LLC - 605975-00"
- Click Submit
- Accept the Terms of Service
- Accept Electronic Communication Consent
- Continue to enter your personal information to complete the eligibility section.
- Credit check will run
- Verification of application
- Sign loan application
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