Finding the funds to pay for a college education can often be challenging process.

First check with your college or university to see if you may qualify for any type of scholarship, then check with the FAFSA (Free Application for Federal Student Aid) website https://fafsa.ed.gov/ to determine if you qualify for financial aid assistance in the form of a government loan, grant or work-study program.  The federal student loans are often the least expensive way to borrow money for your higher education.

If you are still in need of funds, Private Student loans can help fill the gap of what is not covered by scholarships or financial aid, applying for a Private Student loan with a financial institution, like your credit union is very important for ease of application process and to avoid paying origination fees and high interest rates.

Private Student loans are not guaranteed by the government, requiring the borrower(s) have good credit and often require a co-signer.  Some programs require payments while you attend college, other programs will allow for deferment of payment until after graduation.  Funds can be used for tuition, books and other related education expenses.

Day Air Credit Union has partnered with Student Choice to offer our members a very low rate, flexible payment private student loan option.  Visit our website to learn all about the undergraduate and graduate programs offered, a list of approved schools, educational videos, frequently asked questions, etc.   The application process is easy; you just apply on-line on our website.

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