Student Loans

Attending school soon but worried about the cost? Don’t let those credit hour costs deter you from achieving your dreams. In partnership with Sallie Mae, U S Federal Credit Union provides our members in Northwest Indiana loans to cover undergraduate or graduate school expenses.

Student Loan Benefits

• Competitive interest rates: We offer lower rates compared to many of our peers. This means that, after you graduate, your monthly payments will be more manageable and you’ll pay less money in interest.
  
  
  
• No origination fee or prepayment penalty*: An origination fee is a fee for simply borrowing money from a lender. Our student loans don’t come with any origination fees, which means more of your money goes towards what you actually want it to go towards: your education.
  
  What about prepayment fees? Prepayment fees are extra charges for paying off your loan earlier than expected, which we also don’t do. Why? Because we know how hard it can be for many college students to simply get to college let alone how hard it can be to find your first job after graduation. If you manage to pay off your student loans early, that’s the last thing you should be penalized for.
  
  
  
• Multiple repayment options: We offer our student loan borrowers a few different repayment options while they’re in school, including deferred repayment, interest only repayment, or fixed monthly repayment. Once you graduate, we will continue to give you options that suit your financial situation.

Why choose US FCU?

As a credit union, US FCU is a nonprofit, which means we don’t pocket any profits. Instead, they are diverted back to our members and surrounding community. And because we aren't profit driven, we're able to offer lower rates and fees than many of our competitors.

All of this is on top of our customer driven service. If you ever have a question, just pick up the phone and call. We’re always more than happy to answer any questions you may have about your loan or application. 

Invest in Your Education and Yourself

When you invest in yourself and your education, your future is limitless. Let US FCU help you pursue your education goals knowing that, once you graduate, you’ll be in a much better place to get the job you’ve always wanted. 

Find more information and get started on your path to a bright future!

* 1 Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.