Private Student Loan

Overview

Let us help with school

If college is part of your dream, SEFCU Private Student Loans can help make it happen.

full payments are deferred until

6 months after graduation

Features & Benefits

Convenient for students

Borrow $2,000-$30,000 for tuition and room/board
While student is enrolled (at least half-time), loan payment will be interest amount due or $35 (whichever is more)
Full principal/interest payments start six months after graduation or when student is no longer enrolled
We send funds directly to college/university; must be an accredited school
Payments are made at the beginning of each semester as long as all requirements are met

school house

Requirements

What's needed to apply

Proof of student maintaining a minimum GPA of 2.0
Proof of income
Copy of the college or university award letter
Copy of tuition bill
Self-certification form
Enrollment in SEFCU Campus Connect program

Rates

Current Rates

Sub-Account Description	Approximate Repayment Term	Percent Above Index	APR as low as
Fixed-rate Student Loan*	180 months	N/A	9.000%
Variable-rate student loan**	180 months	3.00%	6.250%

Compare

See which is best for you

Private Student Loan

Choose a fixed- or variable-rate loan
Borrow $2,000 - $30,000
Take approximately 180 months to repay

Personal Loan

Fixed-rate loan
Borrow $500 - $30,000
Terms from 12 to 60 months

Apply Now

Apply for a SEFCU Private Student Loan today

Current SEFCU member?

Apply Today

Not a member?

Join SEFCU

Visit a branch near you

Call 800-727-3328

Financial Education

Private Student Loan

Helps students pay for school

Choose a fixed-or variable-rate loan

Borrow $2,000-$30,000

Full repayment begins when you’re out of school

Private Student Loans

More to think about...

Campus Connect Program

Perks for College Students

Free mobile and online services

On-campus branches

View Campus Connect

SEFCU Scholarship

Extra Money for College

Merit-based scholarships

Especially for SEFCU members

View Scholarships

Tuition Insurance

Protect Your Investment

Reimburses tuition, room/board, and more if you withdraw for covered reasons

View Tuition Insurance

* Annual Percentage Rate is fixed. Rate listed assumes credit worthiness. Rates accurate as of March 6, 2021 and subject to change without notice. Published rate is for new SEFCU loans.

** Annual Percentage Rate is variable and is based on the Prime rate published in the Wall Street Journal. The Annual Percentage Rate is subject to change quarterly and will be determined by the Prime Rate 45 days prior to the first day of January, April, July, and October plus a margin.