Student Loans

SVFCU can help students pay for college with Private Student Loans. We also offer Consolidation Loans!

Private Student Loans*

In-School Payment Options

Making small payments towards the loan while in school can help borrowers pay down the loan faster, thus saving money on interest. Students begin building positive credit and good repayment habits.

No Origination Fee

Some other private loan programs (and federal loans) may charge an up-front origination fee, which is typically added to the principal balance of the loan. This loan has no origination fee.

30 Day No-Fee Return Policy

The borrower can cancel the loan within 30 days of disbursement without fees or interest.

Academic Credit Score

A proprietary scoring model assigns an Academic Credit Score (ACS), which is used for loan pricing. The ACS takes the credit bureau data of the Borrower (and Cosigner when applicable), along with academic characteristics of the student, such as their major and academic year.

Cosigner Release

Available to creditworthy borrowers, a Cosigner Release allows you to remove a parent or other cosigner from the burden after 24 months of on-time, full interest and principal payments.

Rate Reduction

  • .25% rate discount when the borrower chooses to authorize automatic ACH loan payments
  • 1% for 10%: Once the borrower has paid 10% of their principal, the interest rate margin is reduced by 1%
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Or contact a loan officer today for more information.

Consolidation/Refinance Loans**

Repayment Options

Total Debt Elimination (Level Repayment)

Less interest accrual resulting in lower total cost to borrower

Lower Monthly Payment (Graduated Repayment on 15 Year Loans)

Increase cash flows now by paying just the accrued interest each month for the first four years.

Cosigner Release

Available to creditworthy borrowers, you may release parent or other cosigner from the burden after 12 months of on-time, full interest and principal payments.

Rate Discounts

  • .25% rate discount when the borrower chooses to authorize automatic ACH loan payments

No Origination Fee

Some other private loan programs may charge an up-front origination fee, which is typically added to the principal balance of the loan. This loan has no origination fee.

Learn More and Apply to Consolidate or Refinance Student LoansOpens in New Window
Or contact a loan officer today for more information.
*Minimum amount to borrow is $2,000 or up to cost of Attendance per academic year for a maximum of $120,000 in undergrad student loans or $160,000 in graduate student loans.
**Undergraduate Limit is $125,000 and graduate limit is $175,000.