Student Application
The form needed to verify Military merit
DD214
The two E-mail addresses students can e-mail with questions or upload docs
What is
apply@meritize.com AND help@meritize.com
The year Meritize was founded
What is 2016
The Minimum age to apply for a loan
What is 18
The new grace period policy
What is
All programs less than 12 months in length will now have a 3-month grace period
Schools have the option of how many disbursements
What is 4
The contact for students when they have repayment questions
Who is Mohela
Name 6 Aviation schools
What is
ATP, Sling, Piston, Crosswings, Skywarrior, Flying High Again, Arizona Flight School, Air Venture Flight School, Savannah Aviation, Spartan, US Aviation, Venture West Aviation, Orlando Flight School, Snohomish Flying Service, Purdue Aviation Ect.
The minimum amount a borrower can request when applying for a loan
What is $1,000
Name the three repayment options we offer borrowers
What is
Full-Deferment
Interest Payments Only
Full Payments
A school wants their admin to have access to the school portal. Walk through the steps
What is Operations- Schools- Manage Users- Add Users
What is complete and submit the full application, read and accept our disclosures and accept an offer.
The amount a loans per year we can disburse in Deleware
Name 6 hard-knockouts or red flags
Serious Delinquency, Foreclosure, Bankruptcy, FICO, Tax Lien, Unpaid Non-Medical Collections, Previous or Recent Repossession, Recent delinquency, Recent Bankcard or Installment Charge-Off
The penalty or charge borrowers get when paying their loan early
What is 0- NO PRE-PAYMENT PENALTIES
The two enrollment status's schools can select when completing an EV
What is atleast half time and full-time
The customer service phone number
(833) 637-4848
The States in which we do not lend in
What is
Maine, Vermont, (and PR)
The question we ask on the co-signer page but NOT on the B1 application
What is
Annual Income
Name everything we ask for on the pre-qualification page
What is Name, Last name, email, phone number, Address, DOB, SSN or ITIN, School name, campus, program, Loan amount
The FIVE reports schools can download
What is
The refund report, Application report, Disbursement Report, Summary Report, Risk-Share Report
The way Meritize Connect works
Student looks for program/industry/school- puts in location(zip-code or online)- Student explores programs- Student expresses interest in the program- Meritize receives student information and PM shares info with School
Our current APR range
What is
Fixed and Variable Rates from 8.124% APR to 26.73% APR