Student Loan Program:

The cost of education continues to rise, making it harder to afford. Countryside FCU has Student Loans that make the higher education needs for you or your family more affordable and easy to manage.

Higher Education -

Two (2) year community college or junior college; a four (4) year college or university; graduate school; or a vocational school. The school must be an accredited institution, which grants a degree or certificate upon graduating.

Types of Loans -

The student loan is a two-part, variable rate, deferred payment and unsecured loan to the student with a guarantor.

Options offered:

1. Interest only
2. No payments. Interest and Principal deferred for four years.
3. PLUS loans – Principal and Interest payments required (Parent Loan).

Eligibility -

The student must submit proof of enrollment, a completed application, and a guarantor application to apply for a student loan.

Deferment Payment Plan -

While the student is in school there will be no payments due. Interest will accrue and the loan will mature 6 months from the last day of attending school or graduation whichever comes first.

Interest Rates -

The interest rate on all deferred student loans, interest only or PLUS Loans will be a variable rate tied to prime. Rates may change monthly.

Loan Disbursements -

Loan funds must be used solely for the expenses associated with attendance at the school named in the loan application.

Other conditions and/or restrictions may apply, please ask for further details.

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Annual Credit Report:

AnnualCreditReport.com is the official site to help consumers to obtain their free credit report.

This central site allows you to request a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian, and TransUnion.

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To contact the Loan Department, please call:

Local: 315-445-2300
Long Distance: 800-219-2132
or Contact Us Online

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