Private Student Loans
MemberSource Credit Union offers in-school private student loans and consolidation student loans to meet your education financing needs through our trusted partner, LendKey. If you have exhausted your federal loan options and are still in need of additional financial aid, go online to review our Private Student Loan options and see how we may help you achieve your educational plans and help fund your future.
Main Program Features:
- Borrow as little as $2,000 or up to Cost of Attendance for a maximum of $120,000 in undergraduate loans.
- Borrow as little as $2,000 or up to Cost of Attendance for a maximum of $160,000 in graduate loans.
- Use the funds for any qualified educational expense.
- Multiple in-school payment options, including interest-only and $25/month.
- Cosigner release available for creditworthy borrowers after just 24 consecutive on-time principal and interest payments.
Student Benefits:
- Zero Application Fees for all student borrowers.
- Complete entire application online in 15 minutes.
- Manage loan completely online 24/7.
- Competitive interest rates and with good grades - potential for even lower rates
- Can be used for all education expenses.
Find out more information and get started today. Visit the College Planning Center and view all of the Resources available such as calculators, scholarship information, and various educational articles.
Student Loan Refinancing
Through the Private Student Loan program available through MemberSource Credit Union, you may wish to refinance or consolidate your eligible student loans. Refinancing student loan debt can lower your monthly payments, reduce your interest rate, and extend the payment period on your loans. Get more information and apply today.
Main Program Features:
- Refinance and consolidate as little as $5000 or as much as $125,000 in undergraduate student loan debt or $175,000 in graduate debt.
- Replace high interest rates with a rate that better fits your budget and lifestyle.
- Complete application in 15 minutes online.
- Private and Federal student loans are eligible, but you may lose other benefits associated with your federal loans.
- Cosigner release available for creditworthy borrowers after just 12 consecutive on-time principal and interest payments.
Student Benefits:
- Zero Application Fees for all student borrowers.
- Simplify your finances with one easy monthly payment.
- Repayment options available
- 0.25% interest rate reduction when you sign up for automatic ACH payments (subject to floor rate).
Find out more about your student loan refinancing options.
Optimize Your Federal Student Loans
Receive FREE, guided advice to find the federal repayment plan that's right for you. How can LendKey's Federal Student Loan Optimizer help you?
- See how much money you stand to save each month with an income-driven repayment plan.
- Compare your federal student loan repayment options and get a recommendation based on your unique situation.
- It takes only minutes to get started, even if you don't know your loan servicer.
- You won't lose your federal student loan protections including forgiveness.
Additional loan repayment and forgiveness options may be available depending on the borrower's job and other factors. For more information about what options and benefits may be available to you, we encourage you visit studentaid.gov.
Federal Student Loan Optimizer is powered by PayItOff. Please visit www.payitoff.io for full terms and conditions.
