Campbell Employees Federal Credit Union provides affordable higher education financing for students and recent graduates through cuStudentLoans, a credit union managed network.
Private Student Loans—The cuScholar Private Student Loan can be used to pay for any qualified education expense including tuition, room and board, books, and other school-related expenses. There is no prepayment penalty and borrowers are required to make a monthly $25 minimum payment towards interest while in school to promote responsible repayment habits and pay down some interest accrual while in school.
- No Origination Fee for all student borrowers
- 30-Day No-Fee Return Policy allows you to cancel the loan within 30 days of disbursement without fees or interest
- Cosigner Release Available for creditworthy borrowers after 24 consecutive on-time principal and interest payments
Refinance Student Loans--Refinance your existing student loans to lower your monthly payments and reduce the interest rate.
Private student loans should be used as supplemental funding after exhausting all other sources of financial aid, including grants, scholarships, and federal student loans. Federal loans offer more attractive terms when compared to most other borrowing options, including private student loans. For more information on federal loans, visit www.fafsa.ed.gov