Loans and Lines of Credit

An affordable way to make continuing education possible. Students can borrow to assist with the cost of attending a post-secondary educational institution, including community college, university, or techincal school.

Benefits:

  • Loans or lines-of-credit are available to full or part-time students(a co-signer may be required), at very competetive interest rates.
  • Choice of loan or line-of-credit
  • While in school, you pay only for the interest on your loan or line-of-credit.
  • Regular loan payments on the principal do not begin until six months after you are no longer a student
  • Additional 6 months may be negotiated if student is unemployed

Features:

  • Repayment amortizations up to 10 years, depending on loan balance.
  • Credit Life and Disability insurance available

Line-of-credit means you apply once and advance funds as needed. You pay interest only on amount used.

 

*A co-signer may be needed to qualify a student for a loan or a line of credit.

 

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