Member
Benefits
National
Board Certification Loans
Attention NEA Members!
Thinking about how to finance the cost of National
Board Certification? NEA Member Benefits, through MBNA America
Bank, N.A., offers NEA members a low-cost loan designed to
cover the $2,500 assessment fee for National Board Certification.
The Details:
The NEA National Board Certification Loan is a special revolving
line of credit designed to meet the needs of teachers going
through the Certification process. The Annual Percentage Rate
(APR) is 7.99% and we offer repayment terms from 12-36 months.
There are no application fees and no collateral is required.
As a special enhancement, the loan will also feature a 90-day
deferred payment option*. There is no prepayment penalty,
so you can pay off your loan at any time.
Annual Percentage Rate: |
7.99% |
Annual Fee: |
None |
Repayment Period: |
Up to 3 years |
About MBNA America Bank, N.A.:
MBNA America® is recognized as a leader
in member satisfaction. Their history illustrates a strong
commitment to providing the finest products backed by consistent,
quality service. MBNA America is also the provider for the
NEA Credit Cards, NEA Credit Plan®, NEA-Sponsored
FDIC-Insured Money Market Account, and NEA-Sponsored GoldCertificate®
CD.
For More Information:
For more information about NEA National Board Certification
Loans, or to apply,
call 1-800-545-4094 Hours of operation: Monday – Friday
from 8 a.m. to midnight, Saturday, 8 a.m. to 5 p.m. or Sunday,
9 a.m. to 5 p.m. (Eastern Time), or e-mail us. Just mention
priority code FAANM0-45-882-9U. Applications can be taken
right over the phone in just a few minutes.
*All payments
are deferred for 3 months after the purchase date. Finance
charges continue to accrue. There is no prepayment penalty.
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