CDL STUDENT LOANS
MONTHLY PAYMENT PLAN
Quick Guide
MONTHLY PAYMENTS FOR TRUCK DRIVING SCHOOL
With monthly payment options, you can leverage your future earnings and finance your truck driving school today! Student loans are available to those who qualify (on approved credit). There is no harm to your credit to see if you qualify.
ADD A CO-SIGNER
Applicants can add a qualified co-signer to strengthen their credit application and increase their approval odds. When submitting the initial application, there is no harm to the credit of the borrower or the co-signer.
NO PAYMENT FOR 6 MONTHS
Finish truck driving school, get licensed, and get settled into your new career before you start making your monthly payments. Access tuition reimbursement to help you cover the cost of your truck-driver education.
LITTLE MONEY DOWN
There is no down payment required for tuition. Students are responsible for outside fees related to their commercial driver's license training:
• DMV testing fee of $98.00
• DOT physical & drug screening fee of $113.00
optional add-ons
• Hazardous Material background check fee of $86.50
TUITION REIMBURSEMENT
For those who paid out-of-pocket or obtained a student loan to cover the cost of education may qualify for tuition reimbursement from your next employer. Participating trucking companies will pay new drivers $125.00 - $175.00/per month (in addition to normal pay) to cover the cost of truck-driver education. Employment contracts are not required to access tuition reimbursement.