Private Student Loans

College is a big investment, one that can significantly impact both the student's and the family's finances. Conventional means may not always cover the full Cost of Attendance, so we are here to help you and your family members achieve your educational dreams.

Paying for college just got easier. Learn more and Apply today by clicking here!

Remember, it is best to apply for a private student loan AFTER you have explored and exhausted all federal aid, grants and scholarship options.

Already applied for a loan? Click here for access to the site, or call 888-549-9050 with any questions.

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Our private student loan, is a low cost student loan to meet your education needs. Full principal and interest loan payments are deferred until 6 months after you graduate and you have up to 15 years to repay the loan.

Attend any 4-year, public or private, not-for-profit school located in the U.S.  Must be in a degree-seeking program.  Borrow as little as $2,500 or up to Cost of Attendance per year for a maximum of $100,000 in undergraduate loans or $150,000 in graduate loans.

  • No Origination Fee
  • Flexible terms 5,7, 10 or 15 year fixed or variable rate options.  Applying with a cosigner is highly recommended to qualify for lower rates.  Cosigner also must be a member of MEFCU.
  • While enrolled in school and during deferment, you have the option of making interest payments or a nominal $25 Proactive Payment towards the loan.
  • 30 Day No-Fee Return Policy.  Find a cheaper way, you can cancel the loan.
  • Use for ALL Education Expenses: Tuition, room & board, books, computer, even past due tuition bills.