We at Elite U understand that it is difficult or even impossible to pull together the full amount for tuition.
Most trucking companies no longer offer a plan to pay for your schooling up-front
But we want to make it possible if you meet our eligibility requirement.
IN HOUSE FINANCING
The plan requires you to pay part of the cost up-front (40%).
The balance will be financed at 18% deferred for 6 months. This means that if all of your payments are made in full within the first 6 months, and on time you will not be charged any interest charges.
Repayment will be according to the following schedule (this does not include promotions, or employee sponsored training):
1 week after expected graduation date you will make your first payment, and every month afterwards for 6 months.
There is a one-time application fee. This fee is $125 and covers costs to perform background checks.
This fee is non-refundable .
You must meet ALL of the following to qualify for our payment plan:
Be 18 years of age.
Take and pass a Department of Transportation "Commercial Driver's Physical" and provide the results to the school.
Take and pass a Department of Transportation Drug Screen and provide the results to the school.
Have a valid Class "A" Commercial Drivers Test Authorization.
Have no Conviction for driving with a suspended or revoked license in the last 10 years.
Have no reckless/careless driving convictions in the past three years.
Have no license suspension for points or moving violations in the past three years.
Have no more than one moving violation and/or accidents during the past year.
Have no more than two moving violations and/or accidents during the past three years
Have no DWI, DUI, BAC, or Open Container convictions in the past five years.
No more than 2 lifetime.
Have no Bankruptcies in the past seven years.
Have a valid Credit or Debit card.
Elite University will run background checks including, but not limited to Criminal, Driving, and Credit History.
*Application approval is not contingent upon credit history, it is used to verify identity (there will be no hard inquiries).
*These requirements are separate from the schools enrollment requirements, they are only for in house financing purposes.