Lines of Credit
An affordable way to make continuing education possible. Students can borrow to assist with the cost of attending a post-secondary educational institution, including community college, university, or techincal school.
Benefits:
- Lines-of-credit are available to full or part-time students(a co-signer may be required), at very competetive interest rates.
- While in school, you pay only for the interest on your line-of-credit.
- Regular loan payments on the principal do not begin until six months after you've stopped being a student
Features:
- Repayment amortizations from 5-10 years, depending on the loan balance.
- Credit Life, Disability and Critical Illness Insurance available
Having a line of credit means you apply once and advance funds as needed. You pay interest only on amount used.