Education Loan Source, Inc., (ELS) in partnership with Sterling Education Finance, LLC announced today that Northwest Technical Institution implemented the TuitionFlexSM payment program. TuitionFlex offers two types of payment plans, TuitionEase(tm) which is a short-term 4 to 12 month program and TuitionExtendTM which is a long-term 13 to 120 month extended repayment plan. “In today’s market, schools have to become creative with their financing options and the TuitionFlex program met the needs of our institution,” stated Keith Fossen, President/CEO at Northwest Technical Institute. “At Northwest Technical Institute, we are helping students and families finance a higher education, without a higher price tag.”
Both TuitionFlex payment options offer a 100% online application process, e-signature capabilities, and a school portal for a school administrator to manage certifications and real-time application status managed by ELS. “ELS’s dynamic system allows schools to manage their tuition payment plans completely online while meeting all of the regulatory requirements,” stated Douglas Feist, Chief Executive Officer at ELS. “We are excited that Northwest Technical Institute is now providing the TuitionFlex program to their student and families.”
Tricia Oberg, Regional Vice President at Sterling Education Finance, and the relationship manager for Northwest Technical Institute stated, “This program is the perfect solution to fill educational funding gaps that can remain when other sources of aid are not available for the student and their families.”
For more information on the TuitionFlex Program go to (www.sterlingeducationfinance.org) or call Tricia Oberg, Regional Vice President, at (651) 707-7291 or Pat Cook, President and Chief Sales Officer, at (828) 335-1092.