Student Loans

Federated Employees Credit Union offers an alternative to government guaranteed student loans. If your government financial aid isn't enough to cover the cost of your post-secondary education, or if you don't qualify for the government guaranteed student loans with the traditional financial aid, this loan will help you with your education expenses.
  • Students enrolled in post secondary education are eligible
  • Borrow up to $5,000 per student per school year (July 1 to June 30), $25,000 maximum
  • The interest rate will be .5% below the index (prime rate) as of July 1 each year, with a minimum interest rate of 4%.
  • Interest only payments if you are enrolled as a full-time student
  • Parent or Legal Guardian co-signer required
  • There are no pre-payment penalties
  • Automatic payment options are available
To apply, simply complete the Online Loan Application.

FECU will donate $1 for every funded loan to support the Federated Challenge!

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