Have you noticed all the news about student loans - just when school is about to end for the summer, and kids are gonna need loans to go to college? But there was one interesting online news article today that pointed out -- as American Idol concludes its season this week, it appears that finalist David Archuleta won't be needing any student loans in the future. Archuleta has done enough in the competition vocally to ensure that when and if he decides to go to college, he will not need a student loan.
But many other strudents will. Those students who are looking for a film school, or those who want to learn how to be a DJ - even students who want to learn how to be a recording artist - all will be faced with challenges when it comes to student loans. But one Los Angeles film school, who also has schools for recording and the music industries, known as the Entertainment Career Connection, has recently gotten Sallie Mae loans for students, the nation's leading provider of student loan programs.
The Entertainment Connection's Sallie Mae loans covers the entire tuition cost and also loans for up to 60 percent of additional funds for living expenses and equipment purchases. Any student who is 18 years of age or older with good credit may qualify for a zero down, low interest loan. These start at Prime Rate + 0%, and take up to 15 years to pay back. Entertainment Career Connection also provides other funding choices for those who may not qualify for the Sallie Mae loan programs.
During the last 25 years the Entertainment Career Connection has graduated more than 6,000 students from its educational apprentice programs for the entertainment arts including the film, radio, television and music recording industries.
Chief Executive Officer James (Jimi) Petulla recently said, "As other national student loan programs are taking a beating, making it hard for students to secure low-cost loans for college, we are happy to introduce our new student loan programs so that students can sign up for our apprentice programs.”
Monday, May 19, 2008
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