Make plans for Tuition Payments!
If you're looking to pay monthly rather than all up front, we do have loan options. Our lending partner, Climb Credit, works separately from us but they provide a unique service that allows students to make manageable monthly payments over a few months up to 3 years.
With Climb, you can finance up to full tuition less a deposit you pay directly to the school. Climb only works with schools that have been verified and demonstrate increased earning potential for graduates of their programs.
Their loan process is simple and fully-online. You can complete a Climb application in less than 5 minutes, and the vast majority of their applicants receive a funding decision almost immediately. This application process doesn't do a hard pull on your credit so just applying won't have a negative impact on your credit score until after the loan is funded. This means you can apply multiple times with multiple co-borrowers until you get the best rate. Climb works with students from all kinds of credit backgrounds, including people without any credit to their name.
If your application is approved and you decide to accept a loan with Climb, you can make smaller or even no payments while you're in school so you can focus on your program, not your loan.
Trades Education Center (TEC) now offers an "in-house" payment plan that is for the full tuition amount plus a premium. Apprentices must be accepted into a program and are required to sign the TEC In-House Payment Plan Agreement through the TEC Portal. Below are the options for the TEC In-House Payment Plan:
Once you are accepted, you'll be asked what funding you choose and if you choose the TEC In-House Payment Plan, you'll be sent a link to a form where you can select one of the plans above. This will be entered into the portal and the agreement will be generated for you to sign and all the invoicing will be put into place. Payments will begin one week after the beginning of your program. If you receive any scholarships, those will be applied to your account and invoicing will be adjusted.
Other Financing Options
We found some other financing options that may be helpful as well. Do your own research to make sure any of these, Climb Credit, or TEC is a good option for you personally.
Scholarship
Partner!!!
Our nonprofit partner - Little Red Acorn - provides scholarships to people enrolled in an approved trade school program like Project 8! Once you are enrolled at TEC, you can apply for a scholarship through Little Red Acorn!
