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Financial Aid

Financial Assistance for Students of Boston Reed College
Partner Programs


Financial Assistance is available through SLM Financial and its “Smart Options Student Loan.” Submit an on-line loan application and receive a decision in as little as 30 seconds! Benefits include fast approval, flexible repayment terms, excellent customer service and interest rates and fees that reward good credit.

Go to http://www.salliemae.com/im_applying/student_loan.htm and follow the following step by step instructions.

Select Schools/Students.

Select a ‘Smart Options Student Loan’.

Click ‘apply now’

School Section:

Question: Please select the state where you plan to attend school
Answer: CA (this is the only option even if you are attending in another state)
Question: Please select the school you plan to attend
Answer: Boston Reed College, Napa, Ca 94558
Question: Please enter the contact name at the school
Answer: Lauren Mullen

Web site terms of use:

Read it thoroughly and click ‘I accept’.

Eligibility: You will be asked to provide the following information

Social Security Number
Date of Birth
Citizenship (U.S. Citizen or Non-Citizen Permanent Resident)
Currenlty seeking Degree or Certificate


Enrollment Period: You will be asked to provide the following information
Anticipated Graduation Date - 1 year from the end date of course
Enrollment Period - indicate season and year of course start i.e. Fall 2010
Apply with a Cosigner - Applicants can apply with a cosigner, cosigner will be required to provide:
            -Social Security Numbers
            -Monthly income and expense information
            -Personal references
Course of Study- indicate Other  for Administrative Medical Assistant
Grade Level- answer: Certificate/Continuing Ed
Enrollment Status- half time/full time

Borrower Information: You will be asked to provide the following information

First name
Middle name
Last name
E-mail address
Have you ever defaulted on a loan?
Driver’s license state and number
Physical Address
Length at address
Phone numbers

Loan Information: You will be asked to provide the following information

Total amount requested
Tuition amount
Additional expenses (cannot exceed 60% of tuition amount)
Repayment terms (years)
Repayment options (interest only or deferment- postponement of payments -while in school)
Anticipated graduation date

Disbursement - If you are approved for additional funds in excess of course fees, Sallie Mae will send funds directly to Boston Reed College


Income and Expense Information: You will be asked to provide the following information:
Employment Status
Occupation
Present Employer Name
Work Phone Number
Time at Present Employer
Borrower's Source of Income
Borrower's Gross Income from Primary Source
Source of Additional Income
Additional Income
Total Household Income
Ownership of Accounts
You will be asked to provide account types that you hold and balances, i.e. savings, checking, etc.
Residence Type
Monthly Mortgage/Rent Amount
 

Click 'Submit Credit'



School Disbursement: You will be asked to provide the following information

Question: Amount

Answer: Full tuition amount

Question: Disbursement date

Answer: First day of class

Click ‘Submit Credit’

You will get one of the following replies within 30 seconds:

-Approved
-Denied
-Pending review

You will then receive an email with information confirming the status of you application. If you do not receive an email within 2 days or have questions about your application, contact Sallie Mae at 888-272-5543.


To expedite your application process, be prepared to provide printed copies of official documents proving your identity if requested at a later date, (i.e. a legible copy of driver's license, social security card, etc.) Additional documents such as a recent pay stub, utility bill or further documentation may be required by Sallie Mae to complete your loan application process.


If you have questions regarding the status of your loan or approval you should first contact Sallie Mae at 888-272-5543. Sallie Mae will be able to give you the most current information on your loan status and paperwork. Only the borrower can obtain the status of a loan application. If you still have questions after speaking with Sallie Mae you should contact Boston Reed College at 800-830-2228. Select '0' to speak to a live customer service operator who can answer questions, check on status of funds that may have been received on your behalf, or refer you to the next step, accordingly.


Once approved for the loan you will receive confirmation number from Sallie Mae. At this time please provide your college with the confirmation number assigned by Sallie Mae.