Corporation obtains approval to participate. Employer and employee complete agreement. SLM Financial processes agreement. On receiving the signed agreement, SLM Financial will conduct a credit review of the employee to determine eligibility for the Career Training Loan. Once the employee is approved, SLM Financial will forward the Promissory Note and Disclosure Statement to the school or training center for the employee's signature.
Employee completes and returns the loan documents.
The employee must sign the Promissory Note and Disclosure Statement and return them with proof of enrollment before any funds will be disbursed. SLM Financial will then disburse the funds to the school or training center. Monthly payment statements will be mailed directly to the corporation for payment on the employee's behalf. All rights reserved.