We want you to be a part of our program.  Due to the current economic climate, the Computer Graphics Learning Center is
offering a financing plans to assist you with tuition costs.  

We are currently working with a third party company to facilitate an institutional loan program.
  • You will be responsible for paying the $25 application fee to process your application.
  • Upon being accepted, the $500 enrollment fee is due.
  • Tuition cost of $18,000 covers a comprehensive, one-year program.
  • Upon being approved for our financing plan, you are responsible for a minimum $5,000 down payment.

Standard Payment Plan
  • The balance of $13,000 is financed at a competitive 8% interest rate.  Typical student loans through private lenders
    have much higher interest rates, on average of 16%.
  • With the “Standard Payment Plan,” the balance of $13,000 is financed AFTER graduation.
Low Interest Payment Plan
  • With the “Low Interest Payment Plan,” monthly payments of $100 are made DURING the course of the instruction
    year at 0% interest.  
  • After graduation, the remaining balance of $11,800 is financed over 5 years at a lower 7% interest.
Payment Chart Summary
  • The loan amount (column 3) is the balance you owe after the 1-year program.
  • Loan re-payment (column 5) begins the first month after graduation on a maximum 5-year term.
  • Longer loan terms with lower monthly loan payments (but higher overall interest payment) may be granted upon
    review and approval.
  • The interest column to the right shows the total interest paid over a 5-year term.
  • When selecting a payment plan, consider the highest down payment that you are able to make, which will lower
    costs over the term of the loan.
  • Please note: with the Low Interest Payment Plan, because you are paying an additional $1,200 over the course of
    the first year, you are able to 1) Lower monthly payments by approximately $30. 2)Save approximately $600 in
    interest.
CGLC INSTITUTIONAL FINANCING - TENTATIVE, PENDING FINALIZATION
In order to make the maximum down payment, consider "Person-to-Person" financing options.  A growing number of
entrepreneurial companies are offering "person-to-person" (P2P), friends and family, networking loan services.  You are
able to obtain loans from friends and family members.  These companies formalize the friends and family loans to
students at a low or negotiable interest rate.  Some companies allow lenders to forgive part, all or the interest on a loan.

There are also companies such as Fynanz and Prosper that use an online community to allow lenders to bid on your
loan.  By bidding for loans, lenders can get great returns and borrowers can get great rates—and that helps everybody.

To learn more, click on the links on the left of this page.

Virgin Money - Student Payback:  You borrow money from a friend or family member. You use the money to pay for
school. You then pay the money back in regular installments to your lender through Virgin Money.

Green Note: Using Green Note's online service, you can request student loans from your social network. The lenders also
get a reasonable return on the loans they give to you.  These alternative student loans are available to virtually every
student.

Fynanz: Fynanz is an innovative marketplace where students get some of the most competitive rates on private student
loans. Students apply for loans which are funded by individual lenders – Family, friends, alumni, etc.  Students apply for
loans in an auction marketplace and receive the most competitive rates. Lenders bid on student listings and can place
bids in small amounts across many borrowers to diversify and lower risk while getting attractive returns.

Prosper: Prosper is America's largest people-to-people lending marketplace. Connecting people to people eliminates the
need for borrowers to go through a bank for a loan—and fewer middlemen means Prosper lenders also benefit.

Lending Club: Lending Club is a social lending network. Borrowers with good credit can get personal loans at interest
rates they find more attractive than those available from conventional funding sources such as banks and credit cards
(see comparison chart here), taking advantage of a streamlined process between the source of funds (lenders) and the
borrowers who need those funds.

Zopa: Zopa is a marketplace where people lend and borrow money to and from each other, sidestepping the banks.
It's a smarter, fairer and altogether more human way of managing your money, where both borrowers and lenders get
better rates.
PERSON-TO-PERSON  FINANCING OPTIONS
1. Payment Plan
 2. Down
Payment
 3. Loan
 4. Term
 5. Monthly Loan
Re-Payment
 6. Interest
Standard Payment Plan
 $5,000
 $13,000
 5 years
 $263.59
 $2,815.63  (8%)
Low Interest Payment Plan
 $5,000.00 +
$100 a month
during 1 year
program.
 $11,800
 5 years
 $233.65
 $2,219.30 (7%)
FINANCING OPTIONS
CGLC is a new proprietary trade school, opening in March 2009.  We are working to become an accredited school.  The
accreditation process is typically a 2-3 year process.  Because we are not an accredited institution, CGLC is not eligible for
Federal Loans.  Due to the economic climate, many private school lenders are not accepting applications for new schools.

As a result of the economic environment, we are offering institutional financing and encourage you to explore new and
innovative person-to person financing services.  
PERSON-TO-PERSON  
FINANCING
Computer Graphics Learning Center - CG Animation Charlotte, NC
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