Detailed SLM Application Instructions
Detailed instructions below guide you through SLM’s on-line application. We have provided screen shots of the application so you know what to expect when you get there.
Remember, by completing the application you are under no obligation to accept a loan. ATP recommends that you print, or keep this window open with the information below for reference as you complete the on-line application.
Click Here to begin SLM’s On-Line Application
(opens in new window)
Loan Terms
Click the I ACCEPT button to proceed.
1: Eligibility
- Enrollment Period
- Enter a Begin Date at least 30 days in the future and an End Date 6 months after that. These dates will be changed later when you decide to schedule your training program. Remember, you are under no obligation to train with ATP by completing this application.
Click the NEXT button to proceed.
Ensure you have Adobe Acrobat Reader software to complete the application. Click the NEXT button to proceed.
2: Credit
- Total Loan Amount Requested
- Enter exactly 24000.
- Tuition Amount
- Enter exactly 24000.
- Additional Expenses
- Enter exactly 0.
- Repayment Term Requested
- Enter 20. (Recommended.)
- Repayment option
- Options are "Interest Only" and "$10 Deferred Payment." Months to repay can be from 0-18.
- Anticipated Graduation Date
- Enter the same "End Date" you entered in step 1 above. When you later choose to reserve a class date, ATP will update this information with SLM.
- Disbursement Information
- Divide the Loan Amount Requested into 2 disbursements of 12000 each. For Disbursement 1, enter your "Enrollment Period Begin Date" from step one. For disbursement 2, add one month. When you later choose to reserve a class date, ATP will update this information with SLM.
Click the Submit Credit > button to proceed.
2: Credit Results
The "Read Credit Results" page will usually show "Pending Review."
If you have your co-borrower's information available, click Add a Cosigner.
Otherwise, click Continue Application.
3: Application
- Loan Information / Enrollment Status
- Select Full Time. A corporate code is not needed, leave it blank.
- References
- Enter the contact information for two personal references. These people will NOT be contact about your loan. These are simply relatives or friends, other than your co-borrower, who you remain in contact with. No financial information will be shared with them or requested of them.
Click Submit Application.
4: Sign Your Application
Review the information and write down your account number. Click Finish.
Approval Process
Approval decisions are usually made within 24-48 hours. SLM will provide your approval status to ATP, and an ATP representative will contact you immediately.
Click Here to begin SLM’s On-Line Application
(opens in new window)
