Student Loans

College graduates make an average of one million dollars more than those without college degrees (www.studentloanfacts.org). However, the cost of getting a college education can be overwhelming for both students and parents.

Sallie Mae® 

Whether you’re an undergraduate student, graduate student, or parent helping a student pay for school, these flexible loans are designed to meet your needs:

• Competitive variable and fixed interest rates
• No origination fee or prepayment penalty1
• Multiple repayment options

Learn which loan is right for you!

Undergraduate

Smart Option Student Loan® for Undergraduate Students

Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school

Graduate

Graduate School Loan

Pay for expenses as you pursue your master’s and doctoral degrees

MBA Loan

Pay for your business school expenses as you pursue your Masters of Business Administration degree

Medical School Loan

Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine

Dental School Loan

Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics

Graduate School Loan for Health Professions

Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health programs

Law School Loan

Pay for your school and associated expenses as you study for your law degree
Parents

Parent Loan

Help your student by taking responsibility with a loan in your name

Get Started Today!

• Learn More & Apply Online for a Sallie Mae Loan
  
• Learn more about Funding an Education
• Consider a Coverdell Education Savings Account
  

Government Loan Options

The federal government has several options to put your education within reach. Although we do not make federal student loans at EPFCU, you can learn more about them below. The first step is for students and parents of dependent undergraduates to complete the Free Application for Federal Student Aid (FAFSA) to determine federal loan eligibility. There are three federal loan options to fit every need:

Stafford Loans

• The subsidized Federal Stafford Loan is based on financial need. The government pays the interest while you are in school.
• The unsubsidized Federal Stafford Loan is not based on need but family income is a determining factor. You pay all the interest, although you can have the payments deferred until after graduation. Learn more about Stafford Loans.
  

Parent PLUS Loans

• Parents and stepparents may borrow for post-secondary education of dependent, undergraduate children.
• Credit based.
• Parents can borrow up to the cost of education minus any other financial aid the student is receiving. Learn more about Parent PLUS Loans.

Grad PLUS Loans

• Available to graduate or professional students.
• Credit based.
• Payments can be deferred while in school. Learn more about Grad PLUS Loans.
  

Helpful Student Loan Information

• www.studentaid.ed.gov — Detailed student aid and student loan information from the U.S. Dept. of Education.
• www.collegeplan.org — Information on college selection, admissions, financial aid and scholarships.
• www.collegeboard.com — Scholarship information
• www.mappingyourfuture.biz — Detailed information about career planning, selecting a school and paying for college.