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An affordable way to make continuing education possible. Students can borrow to assist with the cost of attending a post-secondary educational institution, including community college, university, or techincal school.
Benefits:
- Loans or lines-of-credit are available to full or part-time students(a co-signer may be required), at very competetive interest rates.
- While in school, you pay only for the interest on your loan or line-of-credit.
- Regular loan payments on the principal do not begin until six months after you've stopped being a student.
- Additional 6 months may be negotiated if student is unemployed.
Features:
- Repayment amortizations from 5-10 years, depending on loan balance.
- Credit Life and Disability insurance available.
Line-of-credit means you apply once and advance funds as needed. You pay interest only on amount used.
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