Student Loan

We know that your post-secondary education will lead to enhanced job opportunities for you down the road. That’s why, at FirstOntario, we give you a preferred interest rate on your Student Loan. We want to keep you as a Member long after you enter the working world.

Student Loans Features

  • Apply By Phone

    1-800-616-8878

  • Annual Interest Rate

    7.49%

  • Insurance

    Yes

  • Instant Approval

    No

  • Cosigner

    -

  • Good Grades Reward

    No

  • International Students

    No

  • Military Service Benefits

    No

  • Loan Type

    Student

Student Loans FAQ

What kinds of student loans are there?

There are two different types of student loans: federal and private. Most experts agree that the best student loans come from the federal government. These fixed-rate loans usually offer lower interest rates and greater borrower protections than private loans. When you choose a private loan, your credit score (and that of your co-signer, if you have one) will impact the student loan interest rates you’re offered.

What is meant by “loan term”?

What is a fixed rate student loan?

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FirstOntario Credit Union

Verified within the past few weeks

Close to 100,000 Ontarians choose FirstOntario for their banking needs; from chequing and savings accounts to loans and mortgages, as well as highly qualified investment advice. FirstOntario Credit Union provides these services through 29 branches in 14 communities across Ontario, including Hamilton, Halton, Niagara, Norfolk, and Oxford.

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