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Home The News New Student Loan Partnership

New Student Loan Partnership

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Mid American Credit Union HAS PARTNERED WITH THE LEADING PRIVATE STUDENT LOAN SOLUTION FROM NOT-FOR-PROFIT CREDIT UNIONS

PAYING FOR COLLEGE JUST GOT EASIER

Recognizing the need for private student loans for its members, Mid American Credit Union is proud to refer students and their families to the cuScholar Private Student Loan, which is available through the cuStudentLoans network of credit union partners.

With college enrollment at an all time high, paired with the escalating cost of tuition, cuStudentLoans provides families with a complimentary product to assist them with funding higher education. The cuScholar Private Student Loan can help pay for all qualified education expenses, including tuition, room and board, books, computers, even past due tuition bills. This private student loan option also includes a unique financial literacy component that helps students learn good credit habits and build their credit scores while they are still in school

“We are great believers in assisting members with their education needs.  We currently have some great ways to save for school and connections to scholarship opportunities.  We are very excited to be able to refer a credit union managed private student loan product to our members who may need additional assistance,” said Jim Holt, Mid American Credit Union's President/CEO. “With the price of college on the rise, students and parents are finding it difficult to afford higher education. This private student loan takes over when federal funding is exhausted, which allows students to focus on learning, not wondering how to pay for the next semester.”

cuScholar Private Student Loan Benefits:

  • - No origination fee
  • - Low rates, and with good grades get even lower rates
  • - 1% interest rate reduction once 10% of the loan principal is repaid during the full repayment period
  • - 30-day no-fee return policy allows you to cancel the loan if you find a better option
  • - No cosigner required for creditworthy student borrowers
  • - Email statement and small monthly $25 Proactive Payment that help build a credit score while still in college

Apply today at cuStudentLoans.org/midamerican

 

Mid American Credit Union8404 West Kellogg DriveWichita, KS 67209316.722.3921Fax 316.722.0920Privacy Policy