Student Choice
The cost of college continues to rise, forcing many students and families to resort to higher-cost private student loans to fill funding gaps. As a not-for-profit lender, MembersAlliance Credit Union has a unique ability to help members and families by offering our Student Choice private lending solution. Zero origination or prepayment fees, lower interest rates and a simple one-time online application. Deferment of principal and interest while in school. Flexible repayment terms including graduated repayment for two years. Convenient line of credit structure that lets you apply once and secure financing for your entire college career.
Student Loans Features
-
Apply By Phone
855-626-6499
-
Annual Interest Rate
8.5%
-
Insurance
-
-
Instant Approval
Yes
-
Cosigner
Yes
-
Good Grades Reward
Yes
-
International Students
No
-
Military Service Benefits
No
-
Loan Type
Line Of Credit
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.
