Education Loans Federal Credit Union

For many students, funding a higher education can seem like a daunting task. Federal Loans are a great option for paying for school, but they don't always cover the total cost of your education. When federal student loans fall short of covering all of your higher education expenses, a private student loan is an option to supplement your other forms of financial aid.

With a UFCU Private Student Loans, students can borrow up to $15,000 annually to cover the cost of school, and payments are deferred while you are in school at least half-time. For more information about the private student loan application process,

Loan Features :

• No Origination Fee
• No Repayment Fee
• No Insurance Fee
• 25% interest rate reduction with automatic payments
• Fixed and Variable interest rate options
• .25% interest rate reduction after 48 consecutive on-time payments
• Several repayment options including deferred payments while in school
• 6-month grace period before repayment begins
• 10 year repayment term after graduation

Interest Rates :

Interest rates vary based on the creditworthiness or the borrower and cosigner, if applicable. You can more learn here. https://www.ufcu.org/accounts/loans/education/