Online Retirement Management Program
Funding Options
Boston University Center for Professional Education offers personal financing for non-credit Professional Certification Courses, including the Online Retirement Management Program from Wells Fargo's Connection Loan.
Loan Requirements
- Students can use the Wells Fargo Education Connection Loan to cover their education costs if they are enrolled for less than half-time (retirement management students must select “part-time,” not full time when applying)
- It is intended for non-credit courses
- Students should be applying for financing from Wells Fargo directly and not through Boston University or Boston Institute of Finance
- Connection Loans do not require a school to certify enrollment. It is furnished upon credit approval
- Students must select "multiple course certificate program" when applying
- Regsitration must occur prior to applying for funds and students will be required to submit proof of registration for successful processing of the loan
Maximum amount allowed
A student can borrow up to $25,000 per school year, based on the school they are attending. The aggregate loan limit is $100,000 including all other educational debt. The student is required to certify the amount they are borrowing.
APR & Fees:
Competitive variable annual percentage rate based on credit worthiness. Applying with a co-signer may reduce the interest rate. 2% Origination Fee.
Other Benefits
- No payments until the student leaves school
- No payments are due until six months after you leave school
- The funds go directly to the student in one lump sum to use for tuition and other education-related expenses
- 0.50% rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation BenefitSM Program
- 0.25% interest rate reduction when the student sets up an automatic payment from a personal checking or savings account
Eligibility
The student must:
- be enrolled at an eligible school seeking a degree, certificate, or license
- have a cosigner or meet credit history, income and employment requirements
- be a U.S. citizen, U.S. national or permanent resident alien without conditions with a current U.S. address and proper evidence of eligibility. (For permanent resident aliens, a U.S. citizen must cosign the loan)
Contact Wells Fargo