Have you considered using SDI’s no interest payment plan instead of borrowing student loans? It can help reduce your total loan debt and save you money on interest.
For example, if you borrow $10,000 in student loans at a 6.533% interest rate, you could pay approximately $3,646 in interest alone over a standard 10-year repayment plan.
SDI offers students the option to make no-interest payments during their program. This option is available to all eligible students, and all payments must be completed before the program ends.
SDI offers full and partial cash-pay students an extended payment plan with interest for lower monthly payments. This plan requires a minimum monthly payment of $400 and allows payments beyond program completion. This payment plan option is serviced by a 3rd party payment plan servicer. No additional fees (i.e. origination) applied.
Federal loans from the U.S. Department of Education are available to all eligible students. These loans help finance education but may accrue interest and include origination fees.
SDI Financial Services is available to discuss these options with you. We’re happy to help you determine the best path for your current and future financial situation.
SDI Financial Services:
800-336-8939 Ext. 2
financialservices@sdi.edu
