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CALCULATE YOUR PAYMENT

Choose the loan amount that works best for you. Borrow up to $5,000 for Insight's cost of living stipend.

Select a Program:
Select a Metro:
Select a Loan Type:
Enter a Loan Amount:
Please enter a number between and

Students may borrow from $ to $

36-Month Fixed Rate
% Interest Rate,
% APR*
Make interest-only payments while in program & two months after, then begin full payments.
Start making full payments (interest + principal) about one month after disbursement.
Payments:
Interest-Only Period
$
per month
Full Payment Period
$
per month
or
60-Month Fixed Rate
% Interest Rate,
% APR*
Make interest-only payments while in program & two months after, then begin full payments.
Start making full payments (interest + principal) about one month after disbursement.
Payments:
Interest-Only Period
$
per month
Full Payment Period
$
per month

*The Annual Percentage Rate (APR) shown is estimated based on the loan type, origination fee, and approximate program length. The actual APR may be slightly different than the example provided based on loan type and program length. To learn how an Annual Percentage Rate (APR) is calculated, visit our blog.

PAY FOR YOUR PROGRAM

ATTENTION ONLINE STUDENTS: When entering "Applicant Information" within your loan application, please select as "the state of the school you plan to attend."

Cosigners: Begin the addendum now by clicking here.

Customer identification policy:

For the purpose of the following notice, the words "you" and "your" mean the Borrower and the Cosigner. All applicants: Important Federal Law Notice - Important information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Consent to share data:

By clicking the box above and beginning the application, I consent under Federal and state privacy laws to providing to Skills Fund information related to my application, enrollment, and completion, including but not limited to information contained in my original application and supplements as well as information regarding my completion, graduation, and post-program outcomes information.

While in the application, please note:
  • DO NOT use the browser Back button. Using the browser Back button may cause invalid information and delay the processing of your loan.
  • Your application will not be complete until it has been signed and submitted along with any required documentation.
  • You will need the address and phone number of 3 references to complete your application, including one relative not living with you. Others may be friends, employers, etc.
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Return on Education March

More Info On Terms

Skills Fund Loan 36 Month
Cosigners Note: Up to 1 cosigner might be required in some instances.
Origination Fee 4.0% of loan requested (1)
Interest Rate (2) Fixed
9.49% interest rate,
12.20% estimated APR
Capitalization of Interest Immediate Repayment Loans: Interest not capitalized unless payments not made.
Payments Required While Enrolled? Immediate Repayment Loans: Yes, full payments (interest + principal) are mandatory roughly one month after loan is disbursed.
Grace Period Two-month period after the in-school period, following official program completion, and before interest and principal repayment begins. (3)
Immediate Repayment Loans: None, full repayments start roughly one month after loan is disbursed.
Post-Grace Period Immediate Repayment Loans: Full repayments (principal and interest) are required.
Principal and Interest Repayment Term 36 months (3 years)
This example shows the monthly payments of a $5,000 immediate repayment Skills Fund loan:
Example on a $5,000 loan 36 Month
Annual Percentage Rate 12,20% (3)
Finance Charge (the dollar amount the credit will cost you) $995.69 (3)
Full Monthly (Principal and Interest) Payment $166.55 (3)
  • (1) The 4.0% origination fee is assessed to all loans, and is added to the principal request, so for example, requesting $5,000 will result in a $200 origination fee that will be added to your loan balance and increase the amount you will accrue interest against to $5,200.
  • (2) Interest rates are fixed and never vary.
  • (3) Annual Percentage Rate (APR): Finance charge and monthly payments are estimated based upon borrowing $5,200, a 4.0% origination fee, and the 36-month principal and interest period.

  • Should be Empty: