Recognizing the need for private student loans, Power Co-op Employees Credit Union now offers a funding solution to students and their families with the EdAccess private student loan, which is available through cuStudentloans.org.
With college enrollment at an all time high, paired with the escalating cost of tuition, cuStudentLoans.org provides families with a complimentary product to assist them with funding higher education. The EdAccess 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 good credit habits and build their credit scores while they are still in school.
"We are very excited to be able to offer private student loan," said Jacki Lerdal, Power Co-op Employees Creidt Union VP and Manager. "With the price of college on the rise, students and parents are finding it difficult to afford higher education. Our private student loans take over when federal funding is exhausted, which allows students to focus on learning, not wondering how to pay for the next semester," continues Lerdal.
EdAccess Private Student Loan Benefits:
One of the lowest interest rates in the industry, and with good grades get even lower rates.
1% interest rate reduction one you repay 10% of the loan.
30-day no-fee return policy allows you to cancel the loan if you find a better option.
No co-signer required for juniors and seniors. Credit worthy students can apply on their own.
Email statement and small monthly $25 payment that help build a credit score while still in college.
Apply today at CU Student Loans