Federal Student Loans

To help ensure a bright and successful future, Edwards FCU offers subsidized and unsubsidized federal student loans where funding is dispersed directly to the undergraduate or graduate school of your choice. The Stafford Student Loan is a simple interest loan for students that features a low rate-cap set at 8.25% APR**, so the rate never goes any higher! Repayment doesn't start until after the student leaves school or goes below half-time status. Flexible terms go to 10 years, with low minimum payments starting at just $50 per month. We also offer PLUS (Parent Loans for Undergraduate Students) Loans with a low rate-cap at 9% APR.* Check with your tax advisor because your interest may be tax-deductible!

Automatic Payments & Deposits With Payroll Deduction

Payroll deduction is a smart way to automatically make loan payments or build your savings. You choose the deduction amount from your regular paycheck and then your loan payments are made for you, on time, every month. You can also have your automatic deduction go directly into your Savings account to help you reach your savings goals faster.

**APR = Annual Percentage Rate. All loans, rates, and terms are based on approved credit and we reserve the right to decline credit. Please call for more details and current rates.