Sawyer Aviation, a Cessna Pilot Center, and SLM Financial, a provider of educational
loans for many nationwide colleges and various trade and technical centers, have united
to help students fund up to 100% of their flight training.
Benefits of using SLM Financial:
Easy enrollment process
Fast 24 hour approval
High approval percentage (currently 70%-75%)
Rates as low as Prime +1%
Origination Fee as low as 2%
Loan terms from 12-360 months (unsecured loans from 12-180 months)
Interest only payments available while in school
*On approved credit, certain conditions and restrictions apply, subject to
change without prior notice, call Sawyer Aviation for details.
SLM Financial Loan Program Steps
A completed application along with the borrower’s signature ID and most recent
pay stub is faxed to SLM. An application can obtain from Sawyer Aviation or
downloaded directly from www.salliemae.com. Select "Career Training Loan"
from the website. Follow the instructions listed on the PDF form and return
the completed form to Sawyer Aviation. After a credit evaluation, the student
is either approved or advised to find a co-borrower.
Within 24 hours, the school is notified as to what the students rate, supplemental
fee, term, and monthly payment will be.
SLM e-mails the Promissory Note and Disclosure to the affiliate school.
The Note and Disclosure are signed by the student and mailed back to SLM Financial.
After SLM receives the paperwork, the funds can be wired directly to the school.
Notes:
A co-borrower will be needed when the student has no income or credit history.
The loan can be used for tuition plus up to $3,000.00 extra (i.e., living expenses, books, computer, etc.)
Application Notes:
Step One select school “Sawyer Aviation, LLC”
Step Two list your contact person as “Mary F. Verdaglio – V.P. / Office Manager”
Step Three click “Next” and complete the remainder of the application.