Financial Assistance

Payment Options CalSouthern offers a variety of affordable payment options for our students. Please take the time to evaluate these options and select the one that best fits your personal needs. The chart below will help you to compare the benefits, terms, and conditions of each of our convenient payment plans.

Program	Benefits to CalSouthern Students	Payment Conditions
Pay-in-Full Payment Plan	Tuition will not increase during the program as long as the student maintains continuous enrollment.	Pay one lump sum for your entire program before the start of your first term. Repeated courses and courses taken beyond those on the degree plan will require additional tuition
Pay-by-Term Payment Plan	Continuous enrollment.	Student enrolls in 3 to 6 units per semester. Pay tuition before the start of each term.
Monthly Payment Plan	Affordable monthly payments. Low cost financing option.	Down payment of $500 must be made prior to start of first course (s). Equal monthly payments of $300 until program is paid. Payments must be current in order to continue taking courses.
Juris Doctorate Pay-in-Full for Year’s Tuition Payment Plan	Tuition for the year will be calculated at the rate in effect at the time the courses are started.	Payment of full tuition for the year is made before starting the courses for that year. Repeated courses and courses taken beyond those on the degree plan will require additional tuition.
Juris Doctorate Monthly Payment Plan	Tuition for the year will be calculated at the rate in effect at the time the courses are started.	Down payment of $540 is made prior to beginning the first semester. 11 monthly payments of $300 until the year is paid. Tuition for each year must be paid in full prior to continuing a subsequent year.

Financial assistance through Sallie Mae is only a few clicks away!

CalSouthern is pleased to be able to offer this valuable service to our students. The ability to secure financing through SLM has enabled countless CalSouthern students earn the degree of their choice while making low monthly payments that do not impact their budget.

Many students who would have otherwise been forced to put their education on hold due to financial constraints have been able to start working towards the education of their dreams much sooner, by simply taking advantage of the many different payment options available through SLM.

Below is a basic checklist outlining the details the Career Training Loan offered by SLM:

Interest Rates

• Rates range from Prime +0 to Prime +6.5.
• Interest rates are based on credit history. Students with higher credit scores or students who submit co-borrowers with high credit scores will receive the most desirable rate.

Repayment of the Loan

• Students can choose repayment plans ranging from 1 year to 15 years with no pre-payment penalty.
• Students may choose interest-only payments while studying. This helps to make the monthly payments more affordable while in school (as low as $30 a month).
• Students may defer payments for up to 12 months.

Loan Amounts

• The SLM loan will cover all of a student’s tuition expenses.
• SLM will also allow a student to borrow up to 60% over the tuition amount for educational related costs (not to exceed $6000).

Co-Borrowers

• A student may apply with a co-borrower, which will increase the chances of approval and will lower the interest rate applied to the loan.
• If a student makes their first 24 payments on time, upon written request they may apply to remove the co-borrower from the loan.