Get a loan for non credit courses.
Noncredit courses (also known as continuing education courses) are short-term classes that provide no academic credit towards a degree. People enroll in noncredit courses for personal enrichment and professional development goals, such as to expand their knowledge, develop personal interests, learn a new skill or upgrade existing skills. However, taking noncredit courses are costly, and not everyone has the funds to pay for these classes. Learn obtain a loan to pay for your noncredit courses.
Instructions
1. Find out if your employer provides financial assistance for noncredit courses. Many employers offer a tuition reimbursement program which pays for a portion or all of an employee's college tuition. However, to qualify for this type of program, the company usually requires the employee to take classes that are relevant to his current job position.
2. Speak with a loan specialist at your bank. If your employer does not offer tuition reimbursement, then perhaps you can apply for a private or personal loan at your bank. Many financial institutions offer a variety of loan products to pay for college-related expenses. A loan specialist can discuss your options with you and tell you which loan products will best suit your needs and educational goals.
3. Apply for a continuing education loan through an appropriate lender. Certain lenders such as Sallie Mae and TERI (The Education Resources Institute) offer loans for noncredit courses. So, if you are unable to obtain financial assistance through your employer or from your bank, consider applying for the Sallie Mae Smart Option Student Loan or the TERI Guaranteed Continuing Education Loan.
4. Complete the required paperwork. If you apply for the tuition reimbursement program, you will need to complete the relevant application and submit the paperwork to your supervisor or HR department. You will also need to provide proof that you are currently enrolled in school. If you choose to apply for a loan, be prepared to provide personal details about yourself on the application, such as your full legal name, address, social security number, driver's license number, date of birth, employer's information, references, the name of the college you are attending and your program of study.
5. Receive a response in regard to your application. Your employer or lender will notify you with the status of your application. Be sure to give your employer/lender at least 2 weeks to process your application.
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