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Student Loans

Now you can pay for college the smart way with three great repayment options and competitive interest rates!

At PFCU we understand different members have different needs. So we have developed three loan types for our students. Two loan types are disbursed and underwritten by PFCU in-house and the third loan type is offered from our partner Sallie Mae.

  • Student Deferred Loans for up to $20,000 per year with payments deferred until 6 months after graduation and amortized for up to 15 years to repay the loan. You only pay $50 per month while you are in school. Click here to see our low interest rates on student deferred loans. This will create a sense of discipline as well as reduce thousands of dollars in interest payments over the life of the loan. Click here to start the application process.
  • Student Loan for up to $5,000 per year with equal monthly payments while you are in school. This type of loan suits the needs of part time students as they can start repay the loan while they are in school to pay minimum interest on the loans. Click here to see our low interest rates on student loans. This type of loan is amortized for up to 6 years. Click here to start the application process.
  • The Smart Option Student Loan® for Platinum Federal Credit Union by Sallie Mae® For borrowers attending degree-granting institutions

Now you can pay for college the smart way with great repayment options! Together we can do this.

This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility
  • No origination fees and no repayment penalty
  • Rewards and interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify
  • 100% US-based Student Loan Specialists

To learn more or to apply, please get started here.

Account Access
Access your accounts and loans at PFCU 24 hours a day with Home Banking or telephone banking 1-877-PFCUTEL (732-8835) or Call us at 1(877) PFCU4YOU (732-8496).