NEFCU - New England Federal Credit Union
Call 800-400-8790 or Contact Us Online

Education Loans

Find Out About A Power Account

Save at higher money-market rates with a NEFCU Power Account, while maintaining easy access to your money.
  
  • one time application process
  • quick turnaround time
  • funds available through checks you write
  • we are an advocate for you!
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Loans are available for full- or part-time education at accredited schools, including trade schools, and primary and secondary schools (K-12). The loan can be used for tuition, room and board. Some other education-related purchases may also be approved.

To help you build good credit we:
  • assign you a NEFCU advocate
  • require attendance at a Financial Planning for College seminar
  • keep apprised of your debt
  • require a minimum monthly payment (interest-only payments - $50 minimum - while attending school and six months thereafter)
Education Loans 5/17/2012
Annual Percentage Rate2
Education Line of Credit Loan1 9.25%
Education Consolidation (Term) Loan2 9.25%
1Funds are paid to the Service Provider. Uses for funds are limited, please call for details.
2These are our posted rates; your rate could vary according to your credit.


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