We will work with your school to set underwriting criteria that you’re comfortable with, up to 100%. Once implemented, students will be able to apply through our standard loan application page for your school. In order to increase the affordability of monthly payments and boost repayment performance, applicants will send a required deposit to your school.
The payment plan will be activated as soon as your school verifies that the student begins class, and the first payment will be due one month later. Climb will handle servicing and collections, so you won’t have to worry about it!