Student Loans

University of Michigan Students

If you are a student enrolled at the University of Michigan, the University of Michigan Credit Union (UMCU) can help with you achieve your higher education goals. Featuring zero origination fees, extremely competitive rates, and flexible repayment options, a loan from UMCU is the perfect option to fill funding gaps that grants and federal loans can leave behind. And because you're borrowing from a local, not-for-profit cooperative, you can rest assured that we'll be with you every step of the way - with your best interest always in mind. Click here to learn more or to apply.

 

Other Student Loan Options

Whether you are attending the University of Michigan or any other accredited university or college, the Revolving Student Loan may help to ease your mind about paying your tuition bill. Part-time and full-time students may apply - enrollment in only three credit hours is the only educational requirement.  In addition, the low monthly repayment requirement is a comfortable fit for the college student's budget.

 

Cash crunches will feel like history once you have the Revolving Student Loan. Take up to $500 in cash advances per semester for any purpose. The remainder of the funds are made payable to your university or college. Borrow the amount you need with a maximum limit of $20,000.

 

Applying is Easy!

  • Apply online once you are registered for our online banking service, MemberNet.

  • Apply through the Member Service Phone Center (734-662-8200 or 800-968-8628).

  • Visit any branch and apply.

* Monthly payments begin after the first advance with the Revolving Student Loan. Loan deferment not permitted. The Revolving Student Loan is available for up to five years and is not renewable. A cosigner may be required for loan approval.

 
NCUAYour savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency
Equal Housing Lender We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.