
Overview
Gain essential knowledge and practical skills to manage and monitor construction loans effectively. This 80-hour program, designed with industry input, equips learners with expertise in budgeting, risk assessment, compliance, and stakeholder communication. Earn digital badges for each course, helping you showcase your achievements as you enhance your professional profile.
What you will learn
Upon successful completion of this program, graduates will be able to:
- Identify the key roles and responsibilities of a loan monitor within the construction financing process
- Describe the typical financing conditions and their impact on a project’s ability to secure and maintain financing
- Analyze financial and project documents, such as invoices and contracts, to ensure accuracy and compliance with budgets and schedules
- Prepare key sections of loan monitoring reports, such as schedule reviews, budget assessments, and contingency allowance, to ensure compliance with lender requirements Interpret construction plans to provide high-level summaries of scope of construction projects
- Evaluate the impact of construction schedules and progress on cash flow forecasts and overall project risks
- Communicate effectively with stakeholders to facilitate project financing processes and identify project risks
What to expect
Students will engage with the material through real-world scenarios and practical tasks, such as analyzing financial and project-related documents, preparing reports, role-playing exercises, and group discussions.
Courses are delivered in a hybrid format, blending synchronous instructor-led sessions with structured, self-paced asynchronous modules, allowing flexibility for working professionals. Classes may be delivered partially or fully online.
To gain the most value from the program, students are recommended to take the courses in succession. Students must successfully complete all courses in order to obtain the Award of Achievement.
Recommended Characteristics
- Willingness to engage with both technical and financial aspects of construction projects
- Interest in developing critical thinking and problem-solving skills in real-world contexts
- Desire to build professional communication skills, particularly in conveying complex financial data to non-financial partners
- Strong self-motivation and the ability to manage time effectively in a flexible time learning environment.
Fees and other costs
Fee description | Fee Amount | Notes |
---|---|---|
Tuition | $1,520 | |
College initiative | $17 | |
Campus resource | $31 | |
Total | $1,568 |
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* Fees are approximate and subject to change with the approval of VCC's Board of Governors. Students are required to pay any applicable fee increases. Application and assessment fees are non-refundable.
Any refunds are issued according to VCC's refund policy.