It can be frustrating for students to start a career in the field of IT when the resources to pay tuition for training are difficult to obtain. Wanting IT training but not qualifying for scholarships or other tuition can be a roadblock that discourages students from their preferred careers. Here at NuPaths, we understand these problems and have figured out solutions to help students.
NuPaths tuition is comprehensive and reasonable and includes the cost of education, all learning materials needed for courses, 100% of the fee for the first attempt at a certification exam, and, if required, 50% of the fee for the second attempt at a certification exam. By partnering with the Meritize Platform*, we have made it possible to offer potential financing for aspiring students. Meritize Loans provide an education financing option that looks beyond FICO scores and can use an individual’s previous achievements to improve funding opportunities. Students who may lack a co-borrower can potentially improve their loan options by sharing academic transcripts, or military experience. Moreover, the Meritize Platform works with students, educators, and employers to build skills-based careers by offering awareness, access and advancement opportunities.
There are many benefits for borrowers approved for a Meritize Loan. Checking loan options will not impact your credit score and pre-approval may be available in minutes for qualified applicants. Fixed and variable rates are also available, as well as the ability to finance up to full tuition. There are affordable payment options at your disposal, such as payment being deferred until 3 months after you complete your training. An interest rate deduction of 0.25% can occur if you enroll in autopay as well.** There is also no prepay penalty, and access to Career Services support through the Meririze Platform is 100% free.
NuPaths is excited to offer this new tuition financing option to help individuals get the IT training they need to take advantage of today’s technology focused workforce. Get in touch to review available tuition funding options including scholarships, government programs and financing.
Terms and conditions apply. Meritize Loans are educational loans issued by Blue Ridge Bank, National Association, Member FDIC (“The Bank”). The Bank and Meritize Financial, Inc. (“Meritize”) reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen, permanent resident, or hold a valid work authorization document, and meet the Bank’s underwriting requirements.
*NuPaths does not endorse a particular lender nor is it affiliated with Meritize or the Meritize Platform.
**The 0.25% AutoPay interest rate reduction applies if you make monthly full principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. AutoPay is not required to obtain a loan.