a pile of money with a graduation cap on top

How to Pay for CDL Training

Tuition Assistance Options at DriveCo

Updated February 2020

Paying for CDL Training can be a struggle for many students. At DriveCo CDL Learning Center, we never want a lack of funds to keep you from completing CDL Training. For that reason, we offer several tuition assistance options, ranging from grants to scholarships, that can be utilized when cash flow is limited.

Indiana Workforce Innovation and Opportunity Act (WIOA)

The Indiana Workforce Innovation and Opportunity Act (WIOA) program provides access to job training to individuals with significant barriers to employment, including veterans and those with disabilities. If you’ve been laid-off, receiving unemployment or SNAP benefits, you may be eligible for a grant to pay tuition.

Indiana Trade Adjustment Assistance (TAA)

If your job has been negatively impacted financially due to your company’s production moving outside of the United States, you could qualify for tuition assistance through this program. The goal of the TAA is to help you obtain a position with similar wages to what you were earning in your prior profession.

Veteran’s Assistance Programs

DriveCo is approved for a variety of Veterans Administration funding programs for active service members, reservists, and military veterans.

Chapter 33 – Post 9/11 GI Bill ®

This program assists qualifying veterans who have been active duty for an aggregate 90 days after 9/10/2001, or for those who were honorably discharged or discharged due to disability connected to their time in service.

Chapter 30 – Montgomery GI Bill (MGIB)

The MGIB offers education assistance to veterans and service members who were active for at least two years. Qualified applicants must also meet certain education requirements, such as having a high school diploma or GED.

Chapter 35 – Survivors and Dependents, Educational Assistance Program (DEA)

If a veteran or service member has been permanently disabled due to a service injury or has passed away from a service-related injury, their dependents may qualify for assistance through the DEA.

Military Spouse Career Advancement Accounts (MyCAA)

If you are the spouse of a military member, you may qualify for this scholarship. Qualifying ranks are as follows: E5 and below, W1 – W2 or O1 – O2.

Sponsorship Training

If you need immediate help covering your cost of tuition, one solution is to seek pre-employment from one of our trucking partners. We can guide you to the right ones that, upon pre-hiring, you, may offer to pay for your training. They do ask that you make a commitment to work for them upon completion of the program, generally for one year. The major benefit of this program is that you know you will have guaranteed employment when you finish your training.

Tuition Reimbursement

If you plan to pay for your training using your own funds, you can do so knowing that many companies offer a tuition reimbursement plan. These organizations will make your monthly payments while you work for them and do not require a contracted time commitment from you. DriveCo has strong partnerships with many companies that participate in tuition reimbursement.

Cash Plans

DriveCo is willing to partner with you by offering two cash plans. A major benefit to these cash plans is that it gives you the freedom to find the right employer upon completion of your CDL. The only items not included are the costs of your CDL permit and CDL license.

If you’d like more information on any of these programs, please contact us today. Our Admissions Team is always willing to work one-on-one with you to help you find the best options for paying for your tuition.