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SLM Career Training Loans

Blackstone Career Institute has partnered with SLM Financial Corporation, a Sallie Mae company, to offer Blackstone students Career Training Loans. A Career Training Loan is a low-interest, practical solution to the financial cost of tuition. Through SLM Financial’s lending partners, qualified students can take advantage of privately funded education loans. Technical training, trade school, distance learning and other continuing education programs are all options that can be financed with a Career Training Loan through SLM Financial.

A Career Training Loan through SLM Financial makes paying for your education easier with:

Open Eligibility

Apply with a co-borrower if you have no credit or a poor credit history. You can apply with the knowledge of Sallie Mae’s high approval rates.

Interest Rates Reward Good Credit

Sallie Mae’s interest rates reward good credit and are based on the following formula: Libor + 6.5% to Libor + 12%, with supplemental fees as low as 0%. Borrow as little as $800 up to the total cost of your Blackstone education. In addition, you can borrow up to 60% of your tuition cost for any related expenses, such as a new computer, additional reference books, etc.

Flexible Payments

Longer repayment terms allow you to make monthly payments as low as $30. Your first payment is due 30 days after disbursement of your tuition to Blackstone. Take advantage of the following repayment options:

• Standard Repayment - make monthly payments of interest and principal
• Interest-only Repayment - make monthly interest-only payments during your  enrollment at BCI and begin standard repayment once you have graduated.
• $10 Deferment Repayment - defer payments for up to 12 months for a fee of  $10/month. Unpaid interest will be added to the loan balance.

How to apply for your SLM Career Training Loan:

Click here to apply online

• Complete the online loan application and submit it for credit processing (approximate completion time is 10 minutes).
• You will receive a web response within 30 seconds
• Blackstone will email/send/fax additional documents to you for signature. Return signed documents to Blackstone by mail/fax including a copy of a signature ID.
• Upon final approval, SLM will send your tuition funds directly to Blackstone.

For additional information on loans available through SLM Financial:

Visit www.slmfinancial.com or call 888-2-SALLIE (888-272-5543).

You must also submit an Enrollment Agreement to Blackstone for the program in which you wish to enroll. This must be done prior to the SLM loan application process. To enroll, click here or on any of the “Enroll Today" icons throughout the BCI Web site, or call 800-826-9228 and speak with a student services representative.

Note: SLM Financial Career Training Loans are private, credit-based loans, and are not federally sponsored or guaranteed.

Blackstone Career Institute is a Direct Learning Systems School. ©1999-2008 Direct Learning Systems, Inc.

Blackstone Career Institute is accredited by the Accrediting Commission of the Distance Education and Training Council, Washington D.C., regionally accredited by the Middle States Commission on Secondary Schools, Philadelphia, PA and licensed by the State Board of Private Licensed Schools, Department of Education, Commonwealth of Pennsylvania.

BCI provides an excellent foundation for anyone interested in earning a career diploma from home. With more than a century of expertise, Blackstone offers a committed, responsive faculty and a quality education, all at an affordable rate.