Q: Will I qualify for a Skills Fund loan?


Our goal at Skills Fund is to help students from all walks of life and with a broad range of backgrounds get access to the programs that interest them. We offer two possible ways to qualify for a Skills Fund loan: on your own or with a cosigner. Adding a cosigner can help strengthen your application’s overall credit health, and may even help lower your loan’s interest rate, APR, or monthly payments.

Skills Fund applicants must be a U.S. citizen or a permanent resident with established credit history and no outstanding educational loan defaults. A student who is not a U.S. citizen or U.S. permanent resident or has Deferred Action for Childhood Arrival (DACA) status may apply with a creditworthy cosigner who is a U.S. citizen or U.S. permanent resident.

To see if you pre-qualify for a Skills Fund loan, submit an application. In the pre-qualification process, we’ll conduct a soft credit check with no impact to your credit score. In addition to learning more about your eligibility, you can also see the rates and terms you pre-qualify for.

While our application process asks for income and employment details, we won’t use income, employment, or your requested loan amount to evaluate your application.