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.

NEA Member Benefits
MBNA

*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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