OverviewLet us help with schoolIf 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 & BenefitsConvenient for students
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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
Rates
Current Rates
Sub-Account Description | Approximate Repayment Term | Percent Above Index | APR as low as |
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Fixed-rate Student Loan* | 180 months | N/A | 9.000% |
Variable-rate student loan** | 180 months | 3.00% | 11.000% |
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See which is best for you
Private Student Loan
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Personal Loan
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Apply Now
Apply for a SEFCU Private Student Loan today
Current SEFCU member? Apply Today |
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Private Student Loan
Helps students pay for school
Choose a fixed-or variable-rate loan
Borrow $500-$50,000
Full repayment begins when you’re out of school
More to think about...
Young Adult Checking Account
Perks for Students
Free mobile and online services
Fee-free ATMs*
Enroll in Tuition Rewards
Boost College Savings
Earn "points" on deposits in many SEFCU accounts
1 point = $1 to use toward private college tuition
Tuition Insurance
Protect Your Investment
Reimburses tuition, room/board, and more if you withdraw for covered reasons
Products, services, terms, and conditions are subject to change without notice. All loans are subject to creditworthiness. SEFCU membership is required.
* Annual Percentage Rate (APR) is fixed. Rate listed assumes creditworthiness. Other rates and terms may apply. Payments are interest only while student is enrolled at least half-time at an accredited school. Payments become principal and interest after six months following graduation or if student is no longer enrolled in school. Monthly Loan Payment Example: a $10,000 loan at 9.00% APR for 180 months, with no additional payment protection, would be 54 (48 months in school + 6-month grace period) monthly payments of $76.44 while enrolled in school followed by 126 monthly payments of $123.43. Rates accurate as of March 31, 2023 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 APR 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. APR is subject to increase after consummation. Rate listed assumes creditworthiness. Other rates and terms may apply. Payments are interest only while student is enrolled at least half-time at an accredited school. Payments become principal and interest after six months following graduation or if student is no longer enrolled in school. Monthly Loan Payment Example: a $10,000 loan at 11.00% APR for 180 months, with no additional payment protection, would be 54 (48 months in school + 6-month grace period) monthly payments of $93.42 while enrolled in school followed by 126 monthly payments of $134.78. Rates accurate as of March 31, 2023 and subject to change without notice. Published rate is for new SEFCU loans.