Student Loans
Have you ever thought about sending your child to college? How do you choose the right school? What is the right way to pay for it? You can now come to IC Federal Credit Union for answers to these questions and more. We have implemented a new, online Education Resource Center, to provide you with quality, value-added products and services that help you make informed, confident decisions about college planning and investment.
We offer our members all the necessary products and services needed to manage this sometimes overwhelming process. Added program benefits include:
Tools to assist in selecting and evaluating colleges
- SAT diagnostic testing
- Searching for scholarships
- Detailed loan information
- On-line loan applications and much more
The Education Resource Center also enables you to access education loan products through the government's Federal Family Education Loan Program (FFELP), including Stafford Loans and Parent Loans for Undergraduate Students (PLUS) as well as others.
The benefits of the FFELP program to families include:
- Low interest rates
- Longer repayment terms
- Less stringent credit requirements
- Possible tax benefits
If you need education loans or you want to learn more about the Education Resource Center, visit your local branch or call a dedicated Education Resource Center Client Manager, 1-877-4-PAYWAY or 1-877-472-9929.
IC Federal Credit Union has partnered with CSN, a Massachusetts-based education planning and financing company, to develop and administer the Education Resource Center. Apply for a college loan today.
