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| Make College a Reality |
Get Your Student Loan from Medical Employees Credit Union |
Lender Code: 832755 |
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| You know the value of a college education. |
Getting a college degree is a worthwhile goal. College graduates make an average of one million dollars more than those without college degrees (www.studentloanfacts.org). But the cost of a college education can be overwhelming for both students and parents. That’s why Medical Employees Credit Union offers Federal Family Education Loan Program (FFELP) loans. If you or another family member plans to attend a university, technical college, or any specialized training program, Medical Employees Credit Union can help you with the funding you need to pursue your dreams.
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| FFELP offers loans for students and parents. |
- 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.
- Parent PLUS/Grad PLUS Loans
Creditworthy parents of dependent undergraduate students and graduate/professional students can apply for this loan, which is not based on need.
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| Learn more about low-interest federal student loans. |
Refer to the Student Loan Quick Reference Guide for more details on Stafford and PLUS Loans including:
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- current rates
- loan limits
- borrower fees
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HOW TO OBTAIN A FEDERAL STUDENT LOAN
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