BATON ROUGE SCHOOL OF COURT REPORTING

GENERAL GUIDELINES FOR APPLYING

FOR

A CAREER TRAINING LOAN

THROUGH SALLIE MAE FINANCIAL

 

The web address to apply online for a Sallie Mae Career Training Loan is www.slmfinancial.com.

 

Brochure

Click here if you would prefer to apply for a loan at Keypoint Credit Union

 

SUMMARY OF APPLICATION GUIDELINES:

 

1. The BRSCR school code is 608632, but we also appear in the drop-down choice for Baton Rouge, Louisiana, schools.  List Karen Vornkahl as the school contact.

 

2.  The minimum loan amount is $1,000.

 

3.  You can request additional funds to cover equipment, books, or other living expenses, up to 60% of the total requested tuition cost, not to exceed $6,000. 

 

4.  You are not penalized for requesting a full-funding loan.  If Sallie Mae does not approve the full amount, they may make a counteroffer of a lesser amount.

 

5.  The loan repayment period can be from 1 to 15 years.   There is no prepayment penalty.

 

6.  Request a disbursement date about 7 days before tuition is due if possible.

 

7.  Sallie Mae offers several loan repayment options.  Refer to the attached brochure

 

8. This is an unsecured, credit-based loan.   A credit history will be pulled, and interest rates will be determined based on individual credit histories and other criteria.

 

9. E-mail karen@brscr.com for specific questions regarding disbursements and for a complete list of application guidelines.

 

10.  Having a job and a qualified co-borrower will increase your chances of approval.