Acoustic Edge Institute works with various educational lenders to help make your training possible..

Department of Veterans Affairs – Approved for “VA Education Benefits”

VA Facility Code: 2-5-0905-43

Regardless of your credit! We’ll do our best to find you tuition financing!

Call our ADMISSIONS DEPARTMENT at: 1-866-634-3343

Note: The following link are savable, typable, and printable PDF file.

Tuition Assistance Application will provided funding for all programs provided by campus.

AEI Tuition Assistance Application V10

EDUCATION FINANCING FOR CAREER/VOCATIONAL TRAINING STUDENTS 
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.
Keep your payments affordable
With repayment terms of up to 5 years, you can keep our monthly payments low and affordable. You can also choose a shorter repayment term or prepay your loan at any time to lower your total loan cost. There is no prepayment penalty. Meaning you only pay interest on the money you used. So if you add to principle or pay off early, there are no penalties to pay and the less interest you do pay.

Rates and fees based on your credit

Apply with a creditworthy co-signer and save

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.

The advantages of using a co-signer

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.

Better interest rates – 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.

Buying time to build credit – 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.

A team project – 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.

Gaining from experience – 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.

Eligibilty

  • 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.

Features

  • 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.

QUESTION & ANSWER

Applying is simple; you can fill out the application in the brochure and mail or fax it in or just call the school and tell us you want to fill out an application.

Yes, all that information is critical, without it we cannot submit the information.

You can apply without a co-signer however the acceptance rate without one is not very strong, so a co-signer is normally required. Some requirements you must meet to apply without a co-signer are; well established credit or a credit score over 640, make a minimum income of $20,000.00 annually, and be employed full time. Having a co-signer can actually benefit you with the loan because your interest rate is affected by your credit score, the higher the credit score the lower the interest rate…the more money you save.

Anyone can co-sign on the loan with you, however you want your co-signer to have as strong as credit as possible. Hint – the industry prefers a family members as co-signer the best.  This will help with the acceptance of the loan and save you money in the long run.

Gives the option of up to 6 years for repayment and also varies. Even though this seems like a long time, it will allow the monthly payments to be the lowest possible. There is no penalty or fee for making additional payments or early payoff of the loan.

CAREER/VOCATIONAL TRAINING LOANS ARE PRIVATE,

 CREDIT-BASED LOANS,

AND ARE NOT FEDERALLY SPONSORED OR GUARANTEED.