Oklahoma Horseshoeing School
Tuition Assistance Loan Information
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The Oklahoma Horseshoeing School provides
counseling for meeting educational cost. Please feel free to call
the school's Financial Assistance Department.
Available financial assistance:
- Bureau of Indian Affairs -
The BIA is a program for Native Americans. For more information
contact your tribe.
- Veterans Benefits - Notice
to Veterans - Any student wishing to attend under VA assistance
should check with his local office for the required forms. Bring
these forms with you and our staff will be happy to fill in the
necessary information.
- Vocational Rehabilitation -
is a program developed for individuals who have injuries, physical
handicaps, or learning disabilities. To apply contact your local
Vocational Rehabilitation Office.
- WIA (Workforce Investment Act)
was developed for certain unemployed or underemployed individuals.
The rules for this program varies in each state. Please call for
the location of your nearest WIA office.
- SLM Financial Corporation (A Sallie
Mae Company) - Oklahoma Horseshoeing
School Students may apply for loans under the Career Training
Program Sponsored by SLM Financial Corporation (A Sallie Mae Company).
Applications and instructions are included with this package.
To apply please return the enclosed Student Application/Contract,
the SLM Loan Application and the Deposit for the course. You can
contact our Financial Assistance Department for the total allowed
loan amount for each course. A decision is usually available within
48 hours of the school's receipt of your applications and deposit.
- Oklahoma Horseshoeing School Tuition
Assistance Loans - are loans funded by Oklahoma Horseshoeing
School for individuals who have an excellent credit rating and
a co-borrower (non-spouse family member) who has an excellent
rating. These loans are applicable only for courses containing
horseshoeing.
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- An OHS Tuition Assistance loan generally covers up
to two thirds of the tuition.
- The interest rate is 12% annually.
- An 8.75% origination fee is deducted from the loan.
The balance of funds go toward tuition.
- Examples:
If Tuition is
this amount |
Loan limit would
be this amount |
Origination fee would
be this amount |
Balance of funds toward
tuition would be this amount |
| $1,300.00 |
$ 942.53 |
$ 75.84 |
$ 866.69 |
| $3,600.00 |
$2610.00 |
$210.00 |
$2,400.00 |
| $5,000.00 |
$3,625.02 |
$291.67 |
$3,333.35 |
| $6,000.00 |
$4,350.00 |
$350.00 |
$4,000.00 |
- Payments are $100 per month.
- Payments begin one month after you leave school.
- Interest does not start until the first payment is
due.
- There is no interest if you pay the loan before your
first payment is due.
- There is no penalty for pre-payment.
TO APPLY FOR TUITION ASSISTANCE, PLEASE:
- Complete
the Oklahoma Horseshoeing School Enrollment Application Contract
and submit the Deposit for the course.
- Complete
the Oklahoma Horseshoeing School Online Tuition Assistance Loan
Application. Your application will be processed
within one business day.
If you prefer to mail in your loan application, you may do so by
completing the
Mail-In
Tuition Assistance Loan Application
WHEN YOU HAVE COMPLETED THOSE STEPS:
- The credit application will be processed.
- Upon approval of credit, a promissory note will
be sent to the you and your co-signer.
- The completed promissory note is returned to
Oklahoma Horseshoeing School.
Return
to the Oklahoma Horseshoeing School table of contents page.

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