Getting to college is a big step.  Tuition, books and living expenses can add up.  Now Deepwater industries FCU can help directly with our EdAccess Private Student Loans.  Our EdAccess Private Student Loan is a low cost student loan to meet your education needs. Borrow as little as $2,500 or as much as $30,000 per year. Full loan and interest payments are deferred until 6 months after you graduate and you have up to 10 years to repay the loan.  Student Loan Benefits include:

• Competitive Interest Rates that are based on a combination of credit scores, GPA and how long till graduation.  With good grades, get even lower rates!
• 1% Interest Rate Reduction once you have repaid just 10% of the loan.
• 30 Day No-Fee Return Policy - Find a cheaper way, you can cancel the loan within 30 days of approval.
• Use for ALL Education Expenses - Tuition, room & board, books, computer, even past due tuition bills.
• Zero Fees or Low Fees (2% - 4%) based on repayment option selected — Borrower has the option to choose between making interest payments or a nominal $25 "Good Faith" payment towards the loan while in school
• Cosigner Release After 24 Payments – For those loans requiring a cosigner, the cosigner may be released from the loan once the loan is in repayment and the borrower has made just 24 on-time payments

A borrower also needs to be:

• a U.S. citizen or permanent resident*
• enrolled at least half-time in an approved school
• meet minimum credit requirements

All student loan applications are done online and it takes less than 15 minutes to apply.  To apply and get more information go to www.custudentloans.org.

*International students may apply with a creditworthy cosigner who is U.S. citizen

Before you sign up for our loans make sure that you exhaust your federal loan programs options before applying for a private student loan. Federal loans will have better terms and lower interest rates when compared to private loans.