Congratulations on making the decision to further your education! Now you need to figure out how to finance your education. Westoba Credit Union offers student loans at reduced interest rates to help you reach your goals.
- Approved by Westoba Credit Union
- Parents/guardians are required to co-sign on all loans
- Interest paid monthly from the date of first advance
- Special lower interest rate
- Principal repayment commences on the first day of the seventh month following the completion or departure by the student from school. At that time, the student line of credit will be converted to a consumer loan. Further documents will be required.
- Amortization of the term loan will be over a maximum of 84 months.
- Annual verification is required from the educational institution confirming the student's attendance.
- Family maximum is $50,000.00
All Student Loans can be repaid at any time without penalty.
