Student Financing & Loans
OUT OF POCKET/UP FRONT
Paying for the tuition out of pocket/up front is the way that most students go. After being accepted, the lab fee payment of $3,000 would be due. After being accepted, you will have up to 45 days before your preferred class to pay the rest of the amount due. When students go this route, they receive a personal loan from their bank or credit unions and pay via the loan.
UTILITES EMPLOYEE CREDIT UNION (UECU)
We have partnered with Utilities Employees Credit Union, a company that offers a Custom Loan Program for our students.
For more information, go to:
https://uecu.studentchoice.org/college/energy-trade-school/
We are excited to announce a new partnership with FINANCIAL RESOURCES FEDERAL CREDIT UNION (FRFCU) to provide eligible L.I.N.E. students with an additional financing option to help cover educational costs.
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If paying for school upfront feels overwhelming, this loan option may help reduce financial barriers and support your path toward a career in the utility industry.
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Technical Skills Loan Benefits:
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Borrow up to $10,000
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No co-signer required
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No minimum credit score requirement
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No debt-to-income requirement
Eligibility Requirements:
Applicants must:
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Be at least 18 years old
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Have a valid ID
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Provide required residency documentation (if applicable)
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Become a member of Financial Resources Federal Credit Union if approved
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Apply for the Technical Skills Loan Here:
Technical Skills Loans - Financial Resources
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Loan approval is determined solely by Financial Resources Federal Credit Union.
MHVFCU PERSONAL STUDENT LOAN
Mid Hudson Valley Federal Credit Union is a great option for students to obtain a loan. This personal lending option is a smooth process once the application is submitted.
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To inquiry more about this option, reach out to Anita Otey at MHVFCU.
This federal government program allows individuals who are unemployed or underemployed to receive funds for retraining. The amount of tuition coverage will vary depending on your circumstances. Find out if you qualify by visiting your local unemployment office also known as a “One-Stop Center” or Career Center.
EDLY
Edly is proud to help Linemen Institute of the North East provide affordable, income-based repayment (IBR) loans to its students.
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We accept applicants approved for Tier 1 or Tier 2 loans.
For more information, go to:
https://student.edly.co/sign-up/linemen-institute-of-the-northeast
LOCAL BANK OR PERSONAL LOAN
Many students choose to personally fund their education or use a bank or credit union loan to help cover tuition and fees. Contact your local financial institution to explore financing options and determine eligibility