
With the annual cost of college attendance rising and limited access to grants, scholarships, and federal loan monies, many people are finding themselves bridging the financial gap with private loans, PLUS loans and credit cards. Federal loans alone are generally not sufficient, which has led to the increasing importance of private student loans. Student Choice is a lending program designed to bridge the gap in financing education once other resources have been utilized.
With zero origination fees, lower interest rates and flexible repayment options, it is easy to see why our private student loan solution is a better way to pay for college. Our new Credit Union Student Choice alternative loan program can help fill funding gaps that federal aid can leave behind. As the cost of both public and private colleges and universities continues to increase, federal funding has not kept pace. This growing gap between what college costs and the financial aid available is causing many families to resort to higher cost loans to pay for higher education.
To apply or learn more about Student Choice, visit http://www.northernfcu.studentchoice.org/