When you receive your award letter from your college of choice, you’ll see a couple of important numbers listed – the estimated cost of attendance (COA) and any financial aid for which you are eligible, such as scholarships, grants, and federal loans/work study.
Many students will need more funding than what is included in their financial aid package to cover the balance, which is where private student loans come in.
Great news – a private student loan like our education line of credit can be used for any items listed in your cost of attendance or other education-related expenses! The amount you are eligible to borrow will be certified by your school, and the funds will be sent directly to your college.
Visit our student loan resource center for more information or to apply for an Education First Credit Union Private Student Loan. Resource Center
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