Loan Products

Credit Union Student Choice Private Line Of Credit Program
 
As the cost of college continues to rise and Federal Aid isn’t enough to cover your expenses, the Polish & Slavic Federal Credit Union can help with a Credit Union Student Choice private line of credit.   To enable our student members find the best funding for their education, we have partnered with other credit unions to make private student line of credit through the Credit Union Student Choice Loan Program.  With this program, we can help you and your family fill in the gaps that Federal aid and grants may not provide.   Our program beats the competition with lower interest rates and no origination fees which provide you with significant cost-savings over other financing alternatives.  
 
Credit Union Student Choice Loan Program Benefits:

• No Origination Fees
• Lower Interest Rates
• Flexible repayment terms
• Deferment of principal and interest while in school
• Apply online quickly and easily or call 1-800-206-8503 to apply by phone

What do you need to do before applying?

1. Fill out a FAFSA (Free Application for Federal Student Aid) form found at fafsa.ed.gov.
2. Apply for scholarships – you may be eligible for many of them.
   a.  Check with your college financial aid office for listings
   b.  Free information on preparing for and funding education beyond high school including a scholarship search wizard can be found at studentaid.ed.gov.
3. Take the maximum amount of Federal Stafford Loans. On subsidized loans while you’re in college:
   a. Government pays the interest
   b. Caps the interest rate

To learn about our Credit Union Student Choice Loan Program click here.

Other Student Resources:

College Preparation Checklist
From the U.S. Department of Education

Funding Education Beyond High School
The Guide to Federal Student Aid from the U.S. Department of Education

Student Aid on the Web
U.S. Department of Education Web site