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Educational Loans
Here are some helpful guidelines for financing private school tuition. This information is made available through Clark Behavioral Health Financing http://www.clarkbhf.com/. Please note these guidelines may change from time to time. Call Clark Behavioral Health Financing (888-755-3079) for the most up-to-date information on custom loan programs.
Educational Loan Benefits:
- Quick & easy loan application
- Bank pre-approval within 24 hours
- Affordable monthly payments
- Tax deductible
- Non-collateralized
- May defer payments up to 10 months
What are the Terms & Conditions of the Loan?
- Amortized over 20 years/optional amortizations available
- No prepayment penalty or cancellation fees
- 2% to 5% funding fee
- Variable interest rates tied to Libor plus 3.50% to 3.85% or prime plus 1% to 9%
Important Qualifiers
- Credit Score of 650 or higher, or co-signer that meets the criteria.
- Stable credit history
- Verifiable income
- U.S. Citizen
Below is cost-breakdown of a Sample Therapeutic Boarding School. (Note: This pricing does not reflect the tuition rate of Turning Winds Academic Institute)
Estimated Stay: 12 Months
Tuition: $5,350.00
Enrollment Fees: $2,500.00
Loan Amount: $66,700.00
Payment: $569.05/Month
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