Government Student Loans
Connects provides information and applications for government-backed Stafford and PLUS student loans. The Credit Union needs an “Award Letter” from the college the student plans to attend to show qualified amount of financial assistance for processing the Stafford loans.
Find out how to apply for Federal financial aid.
Credit Union Student Loan Programs
Private education loans help fill the gap between the cost of attendance and traditional financial aid including scholarships, grants, and federal loans. Private loans allow for a loan to be placed in the student's name. Interest will accrue while the student is in school, but payments do not have to be made while the student is enrolled in school at least half-time.
Connects Federal Credit Union has partnered with
CU Student Higher Education Loan Program (CU Student H.E.L.P.) to offer a private education loan program that gives borrowers a 12-month grace period after graduation and no penalty for prepayment. These are credit-based loans, so Connects encourages all borrowers to apply with a cosigner to increase their chances of approval and of obtaining a lower rate and/or fee.
Questions? Call 877.CUEDLOAN (1-877-283-3562) or visit the
CU Student Higher Education Loan Program site. Apply for a Private Student Loan there - applicants receive a decision usually in less than a minute!
