Financing
PCF Aviation, LLC is proud to have partnered with Sallie Mae for the ability to offer Career Training Loans. Sallie Mae is a recognized leader in student loans. This program is only available because of our association with Cessna through the Cessna Pilot Center program. PCF Aviation's school code for SLM Financial is 607388
Career Training loans have many of the benefits and features of traditional student loans including:
Features
- The Career Training Loan has interest rates and fees that reward good credit.
- Repayment terms of up to 15 years are available.
- If you have less-than-ideal credit or no credit at all, you can still be eligible for the Career Training Loan by applying with a creditworthy cosigner.
- You may borrow for both tuition and other education-related expenses.
- You get the convenience of combined billing for all of your Sallie Mae-serviced loans.
- Creditworthy borrowers may request a cosigner release after making the first 24 consecutive, on-time monthly payments of principal and interest as initially scheduled.
- There is no prepayment penalty.
Loan limits
- There is no aggregate loan limit.
Interest rate
- The Career Training Loan has interest rates that reward good credit and are as low as Prime + 0% for borrowers with excellent credit. Interest rates are variable and reset monthly.
Fees
Flexible Repayment Plans:
- You may take up to 15 years to repay your loan.
- With the standard repayment option, you make level, monthly payments of principal and interest. The minimum monthly payment is $30.
- With the interest-only repayment option, you make interest-only payments while you are in school and begin standard repayment of principal and interest once school is completed.
- With the $10 deferred repayment option, you may defer payments for up to 12 months, not to exceed the anticipated graduation date on the application. You are required to make a $10 monthly payment during deferment. This $10 payment will be applied toward the interest that accrues on the account during deferment. After deferment, you will begin standard repayment of principal and interest.
For a full list of features and terms for SLM Financial's Career Training Loans click here:
PCF Aviation's school code for SLM Financial is 607388
If you have questions or would like to discuss a Career Training Loan, please contact Patrick Mallon 783-2359 or pat@pcfaviation.com
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