Few decisions rival the importance of choosing a college. For each school you consider, it seems there are a thousand questions: Does it excel in my course of study? How will I afford tuition?
Fortunately, Priority First FCU offers the Student Choice loan program that you and your parents can use to foot the college bill.
Compare these Priority First FCU loan offerings to see which ones best suit your needs:
The Credit Union Student Choice Loan
The Credit Union Student Choice Loan is a way to fill the financial gap that scholarships, grants, and other federal aid doesn’t cover. You’ll get significant cost-savings by choosing your Credit Union’s student loan over other lenders.
• No origination fees
• Lower interest rates
• Line of credit up to $75,000
• Apply only once
• Deferment of principal and interest while in school
• Flexible repayment terms including graduated repayment for two years
Home Equity Loans
Home equity loans offer parents interest rates comparable to the PLUS Loan but with tax advantages. Home equity loans usually are 100% tax-deductible (confirm with your tax adviser).
Home Equity Line of Credit (HELOC)
Our Home Equity Line of Credit (HELOC) is a perfect additional source of help to cover those last few expenses and extra cash needed for the upcoming year for school. With a Home Equity Line of Credit, it’s as simple as writing a check or calling us to request an advance to you or your son or daughter.
Check our more info for the Home Equity Loan and HELOC
Priority First FCU is committed to filling the needs of all our student members. Our loan officers are available to answer your student loan questions. Student loans are a good investment for the credit union–and a good investment in the future of our members. Contact us now as we’re ready to help!