Financial Aid Solutions for Vocational Schools

The Vocational School Challenge

Many vocational schools don't participate in federal Title IV aid, meaning students have no access to federal loans. Even Title IV-eligible schools find that federal aid doesn't cover equipment costs, clinical rotation expenses, or emergency financial needs.

Without robust financial aid options, schools lose prospective students at enrollment and current students to financial emergencies.

Three Core Products, Zero Gaps

LoanAmerica's products are built specifically for vocational and career education. Each core product addresses a different funding need in the student journey:

• GapBridge Tuition Loan: Covers enrollment gaps after federal aid, including required tools and kits (up to $35K)

• Graduate & Professional Loan: Advanced programs, including living costs during clinical training (up to $100K)

• Parent Loan: Family supplemental funding beyond the Parent PLUS cap (up to $35K)

The Credential Score Advantage

Traditional lenders underwrite students on FICO alone. LoanAmerica's Credential Score evaluates your program's licensing pass rates, job placement rates, and median starting salaries.

Schools with strong outcomes get more students approved, creating a virtuous cycle of quality education, strong lending, and institutional success.

Frequently Asked Questions