Going to college can be overwhelming, but paying for it shouldn't be. We have provided Student Loans for more than 25 years so we know how to make financing your education easy and affordable. Reach for your degree today.

For students, we offer subsidized and unsubsidized Stafford Loans. Parents can also borrow for their child's education under the Parent Loan for Undergraduate Students Loan (PLUS). Make sure you use RCU's lender code #823459.

Rates

Stafford (Subsidized & Unsubsidized) Loans

Fixed APR: 6.80%

PLUS Loans

Fixed APR: 8.50%

APR=Annual Percentage Rate. Current rates are effective from July 1, 2007 to June 30, 2008. Interest rates are subject to change annually on July 1.

All loans are guaranteed by Great Lakes Educational Loan Services Corporation. Once your loan is complete you can visit the Great Lakes website to view information such as interest paid, payment history, and payoff amount. Great Lakes can be reached at 1-800-236-4300 or online (click on ‘IBIS – Borrower Inquiry’ for information on your loan).
View Great Lakes' website.

Advantages to an RCU Student Loan:

Low interest rates
Fast loan approval and turnaround
Experienced local student loan department staff to
help you through the financial aid process
Payments are deferred until six months after you
are out of school
Available to all students attending (full or part-time)
A choice of repayment plans to suit your budget

Repayment options include:

Regular Payment Plan (10-year amortization
or $50 monthly minimum payment)
Graduated Payment Plan
Income-Sensitive Plan
Consolidation Loan

Student Loan Consolidation
You can now obtain a fixed rate consolidation loan through RCU that will combine your student loans and lower your monthly payment. Our consolidation loan is for you if you are a Member of RCU and if your student loan debt is $20,000 or more. Your loans may be with numerous lenders or a single lender. Our Student Loan Department can help determine your consolidation options.

For a consolidation packet, contact us at 715-855-5460 or
1-800-341-9911 ext. 5460. Consolidation information can also be obtained from our student loan servicer, Great Lakes Educational Loan Services, Inc. at 1-800-950-0152.