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Student Lending

Wherever you are in your college journey, Parsons FCU has the resources and expertise to help you make the most out of your higher education. We have partnered with Student Choice, an institution that specializes in providing credit union members with powerful student lending solutions.

We offer flexible student loan options that cover many aspects of college finances. Whether you are a high school student planning to go to college or someone who has already graduated but is carrying student loan debt, we have custom solutions tailored for your unique situation. 

Let us help guide you so that you can reach your goals.

In-School Loans

Invest in your future with our in-school student loans. With competitive interest rates and flexible terms, our student loan program is a cost-effective way to fill educational funding gaps. Enjoy features like:

  • Borrow up to $75,000 for undergraduate loans
  • Rate discount of 0.25% if you sign up for automatic electronic payments
  • Flexible payment options, including interest-only payments while the student is in school
  • Line of credit structure - Apply once and take draws on the account rather than apply year after year
  • Apply online in less than 15 minutes
  • No origination or prepayment fees

Our Student Choice lending portal also gives you access to resources like:

  • Our most current rates and flexible repayment options
  • One-on-one consultations with lending specialists
  • Webinars on student lending topics such as FAFSA and refinancing
  • FAQs on applications, cosigning, and servicing
  • A list of approved schools for the program

To learn more and apply today, click the button below to access our student lending portal. 

access portal    

Student Loan Refinancing

Student debt can keep borrowers from taking full advantage of life's opportunities. Parsons Federal Credit Union is partnering with Student Choice to bring our members a student loan refinancing program that helps borrowers take control of their lives again!

Refinancing your student loans can be a great way to consolidate multiple government and private loans into a single payment, and potentially save money in the long run and lower monthly payments. We offer a comprehensive refinancing program with benefits such as:

  • Refinance loans up to $150,000
  • Competitive variable and fixed rates for your budget
  • Rate discount of 0.25% if you sign up for automatic electronic payments
  • 24/7 call center support
  • Apply online in less than 15 minutes

Our Student Choice refinancing portal also gives you access to resources like:

  • Our most current rates and flexible repayment options
  • Free one-on-one consultations with repayment specialists
  • Webinars on student lending topics such as FAFSA and refinancing
  • FAQs on applications, cosigning, and servicing
  • A list of approved schools for the program

To learn more and apply today, click the button below to access our student lending portal. 

ACCESS PORTAL  

 
All loans are subject to credit approval.