In order to consistently reward curent students and recent graduates, the College Student Purchase Plan (CSPP) eligibility period is updated to continue alignment with Ford College Student Bonus Cash
TIER ENHANCEMENT CRITERIA
QUALIFICATION DOES NOT GUARANTY CREDIT APPROVAL
- Eligibility extends to two years past graduation date
- Graduates of 4-year programs receive Tier 0
- Graduates of 2-year programs receive Tier 1
- Current students receive a guaranteed Tier 1
- Available on New Ford models up to F-550 and all New Lincoln Models
- Retail Products of Lease; Standard or Subvened: All eligible terms
- Tiers 0-4; Personal Use Only
- A/X/Z/D Plan eligible
GUARANTEED APPROVAL CRITERIA
Applicants meeting criteria receive approval at Tier 0 rate
- Graduates of 4-year programs only
- Maximum 22% payment to income
- No prior repossessions or open bankruptcies
- Maximum advance is the lower of MSRP or $50,000
- New Ford models up to F-550 and all Lincoln models
- Max Retail terms 75 months, Lease 36 months
- Tiers 0- Only
- Minimum 620 FICO Score for all contract participants
- One unit per customer
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Students and graduates register for the program through FordDrivesU.com