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Loans

Subsidized Direct Loan
CBT College will give you the opportunity to obtain this loan; you must meet the all the eligibility requirements for federal financial aid as described:

 

  • Have a high school diploma, a GED, or pass an approved ability to benefit test, or have been home-schooled.
  • Be enrolled to obtain a degree.
  • Be a US citizen, permanent resident or other eligible classification of non-citizen (see Financial Aid Eligibility for Non-Citizens).  
  • Have a valid Social Security number.
  • Make Satisfactory Academic Progress for Federal Student Aid Programs.
  • Register with Selective Service, if you are a male between the ages of 18 and 25.
  • Certify by signing a FAFSA that you will use any federal student aid funds awarded to you solely for educational purposes.
  • Certify by signing a FAFSA that you are not in default of any federal student loan and that you do not owe a repayment of any federal student aid grant.
  • You must also demonstrate financial need for the loan. Financial need is demonstrated when your EFC, plus the loan amount, plus any other financial aid you are receiving adds up to less than your cost of attendance.

 


Ford Direct Loan
These funds are lent directly to students through participating post secondary schools, with funds borrowed from the US Treasury. Direct Loans include subsidized and unsubsidized loans, PLUS loans for parents, and Consolidation Loans, which allow borrowers to combine federal education loan debt.


Unsubsidized Direct Loan
CBT College will give you the opportunity to obtain this loan, to get a Direct Unsubsidized Loan; you must meet the same general eligibility requirements as for a Direct Subsidized Loan, except that you do not have to demonstrate financial need.


Sallie Mae International Students Loans
Sallie Mae has student loans for foreign nationals studying in the United States. These loan programs are for students:
    * who are not U.S. citizens and
    * who are attending a U.S. college or university in short-term study abroad programs or full-time enrollment, toward a full degree.

For more information: Sallie Mae International Sallie Mae Loans for international students.