A young woman with dark curly hair sits in front of an open laptop.

Whether you’re trying to fill funding gaps to pay for college or pay back your existing student loans,

we have the solution that’s right for you.

 has partnered with Student Choice to provide you:

  • Student Lending Solutions

  • Refinance Solutions

  • Competitive Interest Rates

  • Flexible Repayment Options

  • Easy Online Application

  • Personal Support

Who is Student Choice?

Student Choice was founded in 2008 by America’s top credit unions to provide families a better way to pay for college.  Since then, we’ve built a network of the top not-for-profit credit unions across the country so families can easily find a lender that fits their unique borrowing needs. Student Choice manages the entire process and works with nearly 2,000 approved schools nationwide to take the hassle out of paying for college and refinancing.

Once approved, your loan will be funded by University Credit Union, a leading credit union serving college students and families since 1951.*

How it Works

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Undergraduate Student Loans

Variable Rate

Our variable rate solution is a line of credit – borrow once for your entire undergraduate career with just one application.**

  • Variable rates: %% APR†
  • Line of credit with multi-year approval
  • 20/25-year repayment depending balance
  • Borrow up to $75,000 and 100% of your cost of attendance
  • Lower your rate by 0.25% by enrolling in electronic auto-pay‡
  • Choose full deferment, interest only, or make full payments while in-school
  • View important disclosures and rate details.
Apply Variable

Fixed Rate

Our fixed rate solution is a closed end loan – you’ll reapply each year to lock in your fixed rate.

  • Fixed rates: %% APR
  • Apply each year to lock in your rate
  • 10-year repayment term
  • Borrow up to $75,000 and 100% of your cost of attendance
  • Lower your rate by 0.25% by enrolling in electronic auto-pay‡
  • Choose full deferment, interest only, or make full payments while in-school
  • View important disclosures and rate details.
Apply Fixed
Get Started
Get Started

Graduate Student Loans

Variable Rate

Our variable rate solution is a line of credit – borrow once for your entire undergraduate career with just one application.**

  • Variable rates: %% APR
  • Line of credit with multi-year approval
  • 20/25-year repayment depending on balance
  • Borrow up to $100,000 and 100% of your cost of attendance
  • Lower your rate by 0.25% by enrolling in electronic auto-pay‡
  • Choose full deferment, interest only, or make full payments while in-school
  • View important disclosures and rate details.
Apply Variable

Fixed Rate

Our fixed rate solution is a closed end loan – you’ll reapply each year to lock in your fixed rate.

  • Fixed rates: %% APR
  • Apply each year to lock in your rate
  • 10-year repayment term
  • Borrow up to $100,000 and 100% of your cost of attendance
  • Lower your rate by 0.25% by enrolling in electronic auto-pay‡
  • Choose full deferment, interest only, or make full payments while in-school
  • View important disclosures and rate details.
Apply Fixed
Get Started
Get Started

Student Loan Refinance

Refinance your existing student loans.

Refinancing your student loans can help you save on interest or lower your payment.

Apply
Get Started

Contact Us

Frequently Asked Questions

Undergraduate & Graduate FAQ

University Credit Union will fund your loan.

With the unique structure of our education line of credit, you can borrow up to the full cost of the remainder of your education. You will not need to reapply each year (assuming there are no significant changes to the borrower or co-borrower credit scores).

Each year, you will simply request additional funds (called a “draw”) for the amount you wish to have disbursed to your school (based on your school’s certified amount – read more below).

Funds are disbursed to your school based on the school’s disbursement cycle. You will request the specific draw amount from your line of credit each year.

Yes. You must be continually enrolled in a degree-granting program and meet your school’s minimum Satisfactory Academic Progress (SAP) criteria to be eligible. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, your line of credit may close, and you may enter repayment.

A borrower is not required to apply with a co-borrower/cosigner. However, applying with a credit worthy co-borrower/cosigner may improve a borrower’s chance of meeting the credit union’s approval criteria and potentially qualify for a lower interest rate.

In order to fund the loan, the borrower must be a member of the credit union. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

A co-borrower release option is available to credit worthy borrowers who make 48 consecutive on-time payments during the principal and interest repayment period, and meet additional requirements (such as salary and debt-to-income ratio). You must apply and be approved for this option after the 48 month period. Other terms and conditions may apply, and option may be revoked or modified without notice.

No. Loan funds are disbursed directly to your school for tuition, fees, and room and board.

You can use your funds to pay for education-related expenses such as tuition, fees, room and board, meal plans, books, and other items. Each school processes refunds (to use for these expenses) differently, so please check with your school to find out their specific procedure for refund issuance.

Though you requested a particular loan amount, your school will still certify the amount you need, which may be less than what you requested. The process of school certification allows your college to have control over your loan amount and when funds are disbursed. School certification involves the college in the borrowing process, ensuring the students are managing their educational debt wisely. The school will not certify an amount that is more than the cost of attendance (COA) minus any financial aid received (financial aid is defined as federal direct loans, scholarships, and grants).

Your school will certify your loan amount and set disbursement dates and has final decision in the amount and schedule for payments. Please contact your school financial aid office for more details.

Please let your financial aid office and your bursar’s office know that you have been approved for a loan. If the school requires proof that you are approved for the loan, ask the financial aid office which documents they require for proof that the loan is in process. After speaking with the financial aid office, contact your bursar to inquire about how they manage late fees and if they can be waived.

University Accounting Service (UAS) will service your loan. Once your loan has been disbursed or entered repayment, you may contact UAS with questions at 877-530-9782.

Please log in to your account. You may also contact UAS at 877-530-9782.

Please log in to your account or contact UAS at 877-530-9782 to set up automatic debit for your student loan payments.

For in-school loans, you may choose to make interest-only payments while in school; defer both principal and interest payments until six months after graduation; or make full payments while in school. If you defer both principal and interest payments during school, interest begins accruing at disbursement and will be capitalized when you enter repayment.

Variable Rate Option: the repayment term is 20 years if your principal balance at repayment is $40,000 or less, and 25 years if your principal balance at repayment is more than $40,000.

Fixed Rate Options: The loan term is a total of 15 years including a combined maximum of 4.5 years of in-school or grace period, and a repayment term of up to 10.5 years.

You can re-apply for the loan with a different co-borrower. Call the credit union at 800-673-8176 to inquire about underwriting criteria.

Refinance FAQ

For more information on the maximum loan amount, please visit our product overview page. Make sure to review your existing loans carefully so that you borrow the exact amount you need.

Payoff verification may be a 30-day payoff statement issued from the creditor with a payoff valid through a specified date, or a screenshot from the creditor’s website showing this information. The payoff verification must include the creditor name and address, current loan balance or calculated payoff amount, and the borrower account number.

Consolidation means you are simply combining existing loans. Your total payment amount and total interest will likely remain the same, but you’ll have the convenience of making one payment rather than multiple payments. This type of loan is usually associated with federal government student loans.

When you refinance, you are taking out a single new loan to pay off your old ones. You’ll probably have a new interest rate, new terms, and a different monthly payment amount. This is the loan solution offered by your credit union.

You will be quoted a rate after your application has been submitted and reviewed. There is no obligation to take the loan once you apply. View our current rates. We encourage you to apply and evaluate your options before making a final decision.

You can refinance private, institutional, and federal student loans (including PLUS).

In order to fund the loan, the borrower must be a member of the credit union. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

A borrower is not required to apply with a cosigner. However, applying with a credit worthy cosigner may improve a borrower’s chance of meeting the credit union’s approval criteria and potentially qualify for the loan at a lower interest rate.

No, your spouse would have to be the cosigner.

Yes. You and your parents will be required to sign an affidavit.

A cosigner release option is available to credit worthy borrowers who make 48 consecutive on-time payments during the principal and interest repayment period, and meet additional requirements (such as salary and debt-to-income ratio). You must apply and be approved for this option after the 48 month period. Other terms and conditions may apply, and option may be revoked or modified without notice.

Yes, you should continue to make your payments while your application is in process. You will be notified when the funds have been sent to the applicable servicers.

No. There is no pre-payment fee and you can pay off the loan at any time.*

*See rates page for additional information, repayment examples, and important disclosures.

We do not offer an in-school deferent option for student loan refinance.

Important Disclosures and Rate Details

* Private education and refinance loans are made by University Credit Union.  is not the creditor for these loans and is compensated by University Credit Union for referral.
** Subject to annual review and credit qualification. Must meet school’s Satisfactory Academic Progress (SAP) requirements
† APR = Annual Percentage Rate
‡ The APR will not fall below the floor rate regardless of the index or any additional rate discount
◊ The repayment term is 20 years if your principal balance at repayment is $40,000 or less, and 25 years if your principal balance at repayment is more than $40,000.