Do you need help covering tuition expenses? Learn more about the Technical Skills Loan Options.
https://myfinancialresources.org/technical-skills-loans/
Train for a New Career. Invest in Yourself. Financial Resources FCU Can Help!
At Financial Resources Federal Credit Union, they believe that education should open doors, not create barriers. That’s why they offer the Technical Skills Loan, designed specifically to help students at trade schools and trade unions cover the cost of job skills training and professional certification. This loan gives students financial flexibility to focus on their future.
As a Community Development Financial Institution (CDFI), they are committed to providing financial solutions that make a real difference. This specialized loan supports hard-working individuals who want to enhance their skills, increase their earning potential, and build a better life through vocational and technical education.
Why Choose Our Technical Skills Loan?
- Borrow up to $10,000 to fund your education or job certification
- Flexible repayment terms up to 72 months with rates as low as 10.79% APR*
- No minimum credit score required because we believe in second chances
- No maximum debt-to-income ratio required
- Bankruptcy-friendly – must be discharged for 24 months minimum
- Funds paid directly to your school or program for convenience
What You’ll Need to Apply
- Proof of registration, program cost, and length of study
- Your program must be an eligible trade school or union training program
About Financial Resources FCU
We’re more than just a credit union—we’re a financial partner dedicated to helping individuals grow, thrive, and succeed. As a member-owned, not-for-profit institution, we reinvest in our community by offering fair and accessible financial products to those who need them most. When you join FRFCU, you become part of something bigger.
Here is a link to the information about the loan: Technical Skills Loans – Financial Resources
Here is the link to apply, for the loan.
Other Options include:
The school offers convenient in-house payment plans. Call or e-mail us to speak with one of our representatives for more information on how you can qualify.
Other Funding Sources
- Trust Fund & College Savings
- GI-Bill for Military Veterans
- Personal Loans from your Bank
- Credit Cards
- Grants from DVR (Division of Vocational Rehabilitation Services
- Grants from WIA (Workforce Investment Act)
- Grants from One-Stop Career Centers
- Grants from Acces – VR -VESID Program
- Scholarships (offered by Mobile Tech Training)
- Scholarships (offered by clubs or associations)
- Loans from your Employer
- Credit Union (personal or parents)
- In-House Payment Plans
- Extended Payment Plans
MT2 Tuition Assistance Options
- In House Payment Plans: Starts with a down payment, payments can be made weekly, bi-weekly, or monthly, no credit check, no interest rate, no additional fees
- Pre-Payment Plans: Starts with a weekly, bi-weekly, or monthly payment at least 5 to 10 weeks before classes begin, 100% refundable before the first day of class, no credit check, no interest rate, no co-borrower
- Extended Payment Plans: Starts with a down payment, payments can be made weekly, bi-weekly, or monthly, no credit check, no interest rate, can be extended 5 to 10 weeks after graduation, a credit card authorization form must be submitted to process payments after graduation, no co-borrower needed
- School Financing Program: Must complete a credit application, must have a co-borrower, monthly payments can be arranged for 12 to 48 months,
- Personal Loans with Banks
- Credit Unions
For More Information or Assistance, call us today at 201-329-9000