Local School Tuition Loans
K-12 school tuition loans are offered with a 10-month repayment plan to our local students and families. TCFCU VISA cardholders may also apply ScoreCard Reward Points to local school tuition balances, learn more HERE.
INTRODUCING PRIVATE STUDENT LOAN PROGRAM
Paying for College Just Got Easier
Recognizing the need for higher education financing for its members, Traverse Catholic Federal Credit Union now offers a private student loan and private student loan consolidation through cuStudentLoans, a credit union managed network.
With college enrollment at an all-time high, paired with the escalating cost of tuition, cuStudentLoans provides students and families with a complimentary product to assist them with funding higher education when federal options are exhausted. The cuScholar Private Student Loan can help pay for all qualified education expenses, including tuition, room and board, books, computers, even past due tuition bills. This private student loan option also includes a unique financial literacy component that helps students learn responsible repayment habits and build their credit scores while they are still in school.
For recent college graduates currently faced with high interest private student loan debt, Traverse Catholic Federal Credit Union offers a consolidation and refinancing solution. The cuGrad Private Student Loan Consolidation combines loans from multiple lenders into one easy payment to reduce the chance of a missed or late payment. This refinancing option can also potentially save thousands of dollars in student loan payments every year, allowing borrowers to put the extra money towards paying off their debt faster, or towards a major purchase such as a car or home.
TCFCU is pleased to introduce affordable private student loan programs for both students enrolled in school and young graduates just exiting from school. Education financing solutions allow students and graduates to focus on what’s important rather than how they are going to pay for college.
Student Loans for TCFCU by Sallie Mae®
Student loans from Traverse Catholic FCU in partnership with Sallie Mae® could help!
Sallie Mae® higher education loans are designed for the needs of undergraduate and graduate students.
– Competitive interest rates
– Multiple repayment options
– No origination fees; no prepayment penalty1
Smart Option Student Loan® for Undergraduate Students
Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.
Find out which loan is right for you HERE!
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank or a lender partner. Traverse Catholic FCU is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: These loans are for students at participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
1 Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
© 2021 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.