Finance your Eduaction

Funding Your Creative Future at The Media Arts Center.
Making your education a reality is within reach. Learn about financing options to help you pursue your education at The Media Arts Center.

Investing in Your Talents
At The Media Arts Center, we understand that investing in your education is a big decision. Not everyone is able to prepare for it. We're committed to helping you explore all available options to make your creative journey possible. While The MAC doesn't endorse any specific lender, we want to make you aware of financing opportunities that may be available to you.

Private Education Loan Options with Green Mountain Loans (GML)
One potential option you may wish to consider is a private education loan from Green Mountain Loans (GML). GML offers personal, unsecured loans specifically designed for students attending The Media Arts Center in North and South Carolina. These loans can help bridge the gap between your available resources and the cost of tuition.

Important Note: Choosing a loan is a significant financial decision. We encourage you to carefully research all your options, including employer contributions, grants, and scholarships,  before making any commitments. The MAC does not receive any compensation for students who choose to borrow from GML, and you are not required to use GML to attend The Media Arts Center.

GML Loan Details

Here's what you should know about GML loans:

  • Loan Amounts: $1,000 to $6,500 Up to 100% of tuition. GML does not finance fees.

  • Eligibility: Requires an acceptable credit score. (Contact GML directly for their specific credit requirements.)

  • Interest Rates & Terms: GML offers different loan terms with varying interest rates:

    • 12 months: 10% interest

    • 24 months: 12% interest

    • 36 months: 14% interest

  • Geographic Availability: Available to students residing in North and South Carolina.

  • Unsecured Loans: These are personal loans not secured by collateral.

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To explore GML loan options further and determine if they're right for you, we encourage you to contact GML Directly or request through us:

Other Financing Options
Remember, GML is just one potential option. We strongly recommend exploring all other avenues, except Federal Student Aid, which does not cover avocational schools. 

Potential Options:
Employer Contributions. Some employers will contribute to your education. We match dollar for dollar contributions made by employees of:  

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These employers have historically proven their commitment to their employees with superior training. 

Credit Unions will sometimes give you a better rate for personal loans than GML, including:

https://www.skylacu.com/borrow/personal-loans
https://www.pacu.com/personal/loans/personal
https://www.truliantfcu.org/borrow/personal-loans  


Collateralized Loans are less expensive than unsecured credit, including:
Home Equity Lines Of Credit or 2nd mortgages
Loans against autos or other qualifying collateral
Unsecured Established Credit, including: 
0% balance transfer credit cards

Co-borrowers
Potential students who have no credit history can be approved for loans with cobos 
Potential students who have marginal credit are twice as likely to qualify with a cobo.


Withdrawing from a 401k 
Early withdrawals from a 401k carry penalties which are reimbursed by the school for qualified graduates. Ask your director about this option. 


 Make an Informed Decision
Choosing how to finance your education is a personal decision. Take the time to research, compare options, and ask questions. We're here to support you in any way we can as you pursue your education at The Media Arts Center.

Disclaimer: The Media Arts Center provides this information for educational purposes only and does not endorse or recommend any specific lender. Students are encouraged to research all available financing options and consult with a financial advisor before making any decisions. Loan terms and conditions are subject to change without notice. Please contact Green Mountain Loans directly for the most up-to-date information. The Media Arts Center does not endorse GML and that students are not required to use them.