After applying through your school’s Climb Credit application page and being approved for a student
loan, your tuition funds will be sent directly to your school so that you don’t have to worry about it!
If you qualify for an interest-only period, you will make reduced interest-only payments on the loan for the first 12 months. This will help keep the principal balance down while you focus on your education.
After the initial interest-only period, your employer sponsor will cover 100% of the payments, as long as you are working for them per the Employer Sponsorship Agreement.
If you choose not to work for the sponsoring employer, the full principal+interest payments for months 13–36 are due by you.
If you don’t qualify for the interest-only period, you may still qualify for a 36-month payment plan in
which your sponsoring employer will cover 100% of your payments once you begin working for them.