Paying for Your Education
SLM Loans | TFC Financing | Scholarships | Credit Cards | WIA | For Military Spouses | Other
SLM Loans

Financial Assistance is now available through SLM Financial. Submit an on-line loan application and receive a decision in
as little as 30 seconds!
Great rates!
Rates and approvals are based on credit if credit is a problem. Apply with a strong co-borrower and you may be rewarded with
one of our premier rates, which can be as low as 5%.
Great repayment terms!
Borrower chooses loan term up to 15 years, giving flexibility in monthly payment options. Never a pre-payment penalty if you
choose to pay it off early. Repayment can be up to 15 years with a minimum of $30 monthly payments.
Co-borrower release option!
Make your first 24 payments on time and you may apply to have the co-borrower released from the loan completely.
Save on interest!
SLM will disburse your tuition directly to the school in increments, which means you save. Interest does not accrue on money
we have not disbursed.
SLM Application Contact
Call SLM Financial, A Sallie Mae Company, at 1 888-272-5543 (888-2-Sallie). Or, apply online....
SLM Online Application Instructions
- Go to the online application at the Sallie Mae website.
- Complete the online loan application and submit it for credit processing (approximate time for completion = 10 minutes).
- "School code" is 606650.
- "Contact" is enrollments@bostonreed.com.
- Within 30 seconds, you will receive a web response.
- If the loan is approved, SLM Financial will email the following to you for the borrowers signature:
Disclosure Statement
Promissory Note
Pre-filled Loan Application - After certifying the loan documents (including the electronic application) and obtaining the borrower’s signature,
you will send to SLM the following:
All Loan Documents
Borrower's Recent Pay-stub (tax returns if self-employed)
Borrower's Signed ID - SLM Financial will send the funds directly to Boston Reed College on the provided disbursement date.
TFC Financing
Boston Reed College believes that financial ability should not limit access to a quality education. Therefore we offer an exclusive financing plan managed by TFC Credit Corporation. TFC Credit Corporation is an experienced financing operator providing services for over 25 years. The financing program requires a down payment and the remainder is financed over 9 months. Get more information.
Workforce Investment Act
The Workforce Investment Act supports individuals needing to increase their financial stability and independence. The One-Stop Centers are the access point for these resources. Resources might include job search support, career planning, child care support, or sometimes payment of fees for training. See the California Local One-Stop Career Centers List to find the center nearest you. Or, for anywhere in the US, enter your zip code at ServiceLocator.org to find the Center nearest you. If the training program you are interested in has applied and been accepted to the local Eligible Training Provider List, WIA might pay the fees for qualifying individuals.
Note that most Boston Reed classes are co-sponsored by a local adult school or community college. Typically, the program you are interested in may appear on the Eligible Training Provider List under the name of your local adult school or college. We are working with all school partners to apply to the ETPL, but yours may not have applied yet. You may contact your One-Stop, your school or Boston Reed to find out if the program you are interested is on the ETPL.
Scholarships
Boston Reed College awards full scholarships to up to three students each calendar quarter. The Scholarship Committee makes its decisions based on both student merit and financial need. Applications include an application form, a reference letter from someone such as an employer or instructor, and a letter/essay from the applicant. Application due dates are January 1, April 1, July 1, and October 1. Download the application. Download the official policy for the BRC Scholarship Program.
Credit Cards
If you have no credit card now, consider this: for Discover, if you are working and wish to invest in your education, you are considered a “good risk.” Build Your Credit History with Discover® Student Card.
For Military Spouses
Military spouses, read about the Military Spouse Career Advancement Initiative.
Other Resources
Numerous grant and loan programs are out there. The mission of the California Student Aide Commission is to "make education beyond high school financially accessible to all Californians." Visit the CSAC website for help and guidance with financial aide.
SLM Loans | TFC Financing | Scholarships | Credit Cards | WIA | For Military Spouses | Other
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