Corning Federal Credit Union Private Student Loan

Federal loans not enough to cover the cost of your college education? The private student loan available through Corning Federal Credit Union can be the answer to your funding needs.

Main Program Features

• Borrow as little as $2,000 or as much as $30,000 per year. *
  • $80,000 for undergraduate
  • $100,000 includes graduate
• Choose between making interest payments or a nominal $25 "Proactive Payment" towards the loan while in school
• Use our private student loan to pay for qualified education expenses such as tuition, books, room/board, computers and even past due tuition bills!
• Quick approval once we receive your completed application
• Cosigner release after just 48 consecutive on-time payments **

Student Benefits

• Competitive Interest Rates
• 1% Interest Rate Reduction once you repay 25% of the loan **
• 30 Day No-Fee Return Policy allows you to cancel the loan if you find a better option

Eligibility & Credit Requirements

• Borrower must be enrolled in an approved school and pursuing a degree program on at-least a halftime basis
• Borrower must be a member or join Corning Federal Credit Union during the online application process
• Borrower and cosigner may be a US citizen or permanent resident
• Students are encouraged to apply with a creditworthy cosigner for a better chance of approval and/or lower interest rate

Applying with a cosigner is highly recommended to qualify for lower rates!

* Program Limits. Certain requirements apply.
** Subject to Credit Union approval. Certain requirements apply.
*** A qualified student is one who is enrolled in an undergraduate or graduate degree seeking program at least half-time at an eligible school and who has met the underwriting criteria for loan approval.