Group of young women with graduation outfits

Student Loans

Student loans can help finance your education above and beyond federal funds

To learn more, call us at 800-341-9911 or visit an office

A private student loan could be the boost your educational budget needs! Keep your college career on track to reach your graduation goal with help from our student loans. We offer variable-rate student loans with multiple repayment options and terms, including deferred payments. These education loans have no processing or origination fees, and funds are disbursed directly to your school.

Student Loan Features

Variable interest rates starting at 7.75% APR*
Available to Members attending an eligible school at least half time for a 2- to 4-year degree program
12-year repayment term
No processing or origination fees
Optional deferred payments until after graduation
Automatic payments may qualify for a 0.25% APR reduction
Cosigner release option after 36 consecutive on-time payments
No late fees

Student Loan Limits

$2,000 minimum amount, with a $10,000 annual limit
$40,000 student aggregate limit for Royal Credit Union private loans
$80,000 cosigner aggregate limit for student loans

Student Loan Refinance

Student loan consolidation or student loan refinancing allows you to pay off all of your federal and private loans using a single refinance loan from Royal. That way you’ll only have one payment to make, and depending on the terms and interest rate you could save money in the long run.

Student Loan Refinance Features

Variable interest rates starting at 7.75% APR*
$5,000 minimum to $50,000 maximum amount
15-year repayment term
No processing or origination fees
No prepayment penalty
No late fees
Automatic payments may qualify for a 0.25% APR reduction
Cosigner release option after 36 consecutive on-time payments

Apply Now

Make Payments:

For loans disbursed before 5/1/23
Mail:
University Accounting Services
PO Box 5865
Carol Stream, IL 60197-6491
Call: 844-870-8701
Web: University Accounting Services

For loans disbursed on or after 5/1/23
Mail:
ZuntaFi
PO Box 4500
Aberdeen, SD57402-4500
Call: 800-592-1270
Web: zuntafi.com