|The Private Student Loan acknowledges the need for higher education financing options for our members. It can be used to pay for qualified educational expenses — including tuition, room and board, books, and other school-related expenses. With the cost of higher education skyrocketing, it’s sometimes difficult to have saved enough to cover everything. A Private Student Loan can serve as the solution to your financial roadblocks.
No Origination Fee for all student borrowers
Competitive interest rates and with good grades, potential for even lower rates
1% interest rate reduction once 10% of the loan principal is repaid during the Repayment Period
30 Day No-Fee Return Policy allows you to cancel the loan within 30 days of disbursement without fees or interest
Cosigner Release available for creditworthy borrowers after 24 consecutive on-time principal and interest payments during the Repayment Period**
||And for recent college graduates currently faced with high interest private student loan debt, we offer a Private Student Loan Consolidation and refinancing solutions. Combine loans from multiple lenders into one easy payment to reduce the chance of a missed or late payment. This refinancing option can also potentially save thousands of dollars in student loan payments every year, allowing borrowers to put the extra money towards paying off their debt faster, or towards a major purchase such as a car or home.
Simplify your finances with one easy monthly payment
Interest-Only Repayment Option up to 4 years for eligible borrowers followed by 11 years of principal & interest repayment
Cosigner Release available after 24 consecutive on-time principal & interest payments
Lower payment and competitive rate possible with extended repayment term