You can quickly and easily apply online. As part of the loan application process, applicants will receive detailed instructions on additional documentation that must be submitted in order to complete the loan process. If you have questions, please call our student loan representatives at %%PhonePCON%%.

Rates are variable and reset quarterly. They vary based on the Prime rate but are also dependent on your credit score, and if applicable, the credit score of your co-borrower.

No. Our loans do not have origination or other application fees. In addition, there are no prepayment fees (see below). Please visit our Interest Rates page for more information.

The graduated repayment option amortizes the first 2 years of repayment over a 30 year period and then over 13 years for the remainder of the loan. This means monthly loan payments will be lower in the first two years after starting repayment - which may benefit individuals who are early in their careers and managing tight budgets.

The maximum repayment term for the loan is 15 years.¹ While other consolidation loans may offer a longer repayment period, keep in mind that by reducing your repayment period and taking advantage of our extremely competitive rates you could save thousands of dollars in interest charges. 

¹For a $20,000 consolidation loan for a term of 15 years with a 6.00% APR (annual percentage rate), the monthly payment will be approximately $169. All loans are subject to approval. Rates, terms and conditions subject to change without notice. Restrictions apply. Please visit the rates page for more information.

No. There is no pre-payment fee and you can pay off the loan at any time.

The minimum refinance loan amount is $%%UCONMin%%. The maximum loan amount will be $%%UCONMax%%. Make sure to review your existing loans carefully so that you borrow the exact amount you need.

Payoff verification may be a payoff statement from the creditor with a payoff valid through a specified date, a screen shot from the creditor’s website showing this information, or a monthly billing statement no more than 30 days old.  The payoff verification must include the creditor name and address, current loan balance or calculated payoff amount, and the borrower account number.

Consolidation means you are simply combining your existing loans. Your total payment amount and total interest will likely remain the same, but you'll have the convenience of making one payment rather than multiple payments. This type of loan is usually associated with federal government student loans.

When you refinance, you are taking out a single new loan to pay off your old ones. You'll probably have a new interest rate, new terms, and a different monthly payment amount. This is the loan solution offered by your credit union.

• U.S. citizens or permanent residents who have graduated from an approved public or private not-for-profit school (a bachelor's degree is the minimum required)
• In repayment or grace on one or more outstanding private or federal student loans
• Able to pass a credit and income check (A cosigner may be necessary in order for you to meet credit criteria, and may also help you qualify for a lower rate)
• Eligible for credit union membership (you may apply without being a member of the credit union, but you will need to become a member in order for the loan to be funded)

In order to fund the loan, %%MembershipStatusCOS%%. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

Yes, you should continue to make your payments while your application is in process. You will be notified when the funds have been sent to the applicable servicers.

No. There is no pre-payment fee and you can pay off the loan at any time.

We do not offer an in-school deferment option. Our refinance loan is intended for borrowers who have completed their education and do not plan on returning to school. 

No. You must be a U.S. citizen or permanent resident alien in order to be eligible.

Borrowers should estimate the amount needed to cover any funding gap that may remain after scholarships, grants, and federal loans have been applied. The amount requested should cover the estimated need for the fall/winter/spring terms, and cannot exceed the school’s estimated cost of attendance (which is determined by your school and generally includes: tuition and fees, room and board, books and supplies, and personal and miscellaneous expenses). As part of the certification process, your school will review the amount you have requested and may decrease the amount as needed based on other aid available to you.

• The single minimum loan amount that will be disbursed is $%%UGCELMin%%.
• The single maximum loan amount that will be disbursed will be no more than your cost of attendance less other financial assistance and aid, as certified by your school’s financial aid office.
• The Credit Union’s total lending aggregate (maximum amount you can borrow in order to complete your undergraduate education) is $%%UGCELMax%%.

Yes. You must be continually enrolled in a degree-granting program and meeting the school’s minimum Satisfactory Academic Progress (SAP) criteria. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, and your loan may enter repayment.

We partner with the credit bureaus to provide a secure form of identity verification. By validating your identity through this process, we can forego extra identity verification in many cases.

You will need to reapply for this loan in subsequent years following the same application process.

In order to fund the loan, %%MembershipStatus%%. To expedite funding, visit your credit union branch or website to open your membership and account while we are processing your loan.

The money will be sent directly to the school. If there are excess funds after your direct school related costs are paid, the school will issue a check to you with those remaining funds.

No. You can pay off your Student Choice loan solution at any time, even if you're still in school.

Students may choose full deferment while in school, elect to make interest only payments while in school, or choose full principal and interest only payments. Please note that our loan does offer a grace period of six (6) months immediately following the borrower's separation from school (or drop below half-time enrollment). During the Grace Period the borrower is not required to make any payments. 

Contact the loan servicer (University Accounting Service) by calling 800-723-2210 or visiting them online. Also, please call the Student Choice call center to provide your updated information.

Yes, your school information is important. Once your loan is conditionally approved we'll verify your enrollment information. We will also work with the school to certify the loan and for disbursement of funds.

We still need to know how much you would like us to disburse. For example, your school may certify $10,000, but you only need $5,000 because you have other funds (such as savings) to pay the remaining cost.

Consolidation means you are simply combining your existing loans. Your total payment amount and total interest will likely remain the same, but you'll have the convenience of making one payment rather than multiple payments. This type of loan is usually associated with federal government student loans.

When you refinance, you are taking out a single new loan to pay off your old ones. You'll probably have a new interest rate, new terms, and a different monthly payment amount. This is the loan solution offered by your credit union.

Payoff verification may be a payoff statement from the creditor with a payoff valid through a specified date, a screen shot from the creditor’s website showing this information, or a monthly billing statement no more than 30 days old.  The payoff verification must include the creditor name and address, current loan balance or calculated payoff amount, and the borrower account number.

The minimum refinance loan amount is $%%UCONMin%%. The maximum loan amount will be $%%UCONMax%%. Make sure to review your existing loans carefully so that you borrow the exact amount you need.

Consolidation means you are simply combining your existing loans. Your total payment amount and total interest will likely remain the same, but you'll have the convenience of making one payment rather than multiple payments. This type of loan is usually associated with federal government student loans.

When you refinance, you are taking out a single new loan to pay off your old ones. You'll probably have a new interest rate, new terms, and a different monthly payment amount. This is the loan solution offered by your credit union.

Payoff verification may be a payoff statement from the creditor with a payoff valid through a specified date, a screen shot from the creditor’s website showing this information, or a monthly billing statement no more than 30 days old.  The payoff verification must include the creditor name and address, current loan balance or calculated payoff amount, and the borrower account number.

You can quickly and easily apply online. As part of the loan application process, applicants will receive detailed instructions on additional documentation that must be submitted in order to complete the loan process. If you have questions, please contact our student loan representatives.

The minimum refinance loan amount is $%%UCONMin%%. The maximum loan amount will be $%%UCONMax%%. Make sure to review your existing loans carefully so that you borrow the exact amount you need.

In order to fund the loan, %%MembershipStatusCOS%%. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

%%COSFAQ%%

No. There is no pre-payment fee and you can pay off the loan at any time.

We do not offer an in-school deferment option. Our refinance loan is intended for borrowers who have completed their education and do not plan on returning to school.

Yes, you should continue to make your payments while your application is in process. You will be notified when the funds have been sent to the applicable servicers.

You can receive a 0.25% rate discount by electing to make automatic electronic payments. If automatic electronic payment is cancelled, the rate discount will be removed. If your loan is subject to a floor rate (also known as a minimum interest rate) as specified in your promissory note, your rate will never be less than the floor rate.

No. You must be a U.S. citizen or permanent resident alien in order to be eligible.

Borrowers should estimate the amount needed to cover any funding gap that may remain after scholarships, grants, and federal loans have been applied. The amount requested should cover the estimated need for the fall/winter/spring terms, and cannot exceed the school’s estimated cost of attendance (which is determined by your school and generally includes: tuition and fees, room and board, books and supplies, and personal and miscellaneous expenses). As part of the certification process, your school will review the amount you have requested and may decrease the amount as needed based on other aid available to you.

• The single minimum loan amount that will be disbursed is $%%GBCELMin%%.
• The single maximum loan amount that will be disbursed will be no more than your cost of attendance less other financial assistance and aid, as certified by your school’s financial aid office.
• The Credit Union’s total lending aggregate (maximum amount you can borrow in order to complete your graduate business education) is $%%GBCELMax%%.

Yes. You must be continually enrolled in a degree-granting program and meeting the school’s minimum Satisfactory Academic Progress (SAP) criteria. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, and your loan may enter repayment.

We partner with the credit bureaus to provide a secure form of identity verification. By validating your identity through this process, we can forego extra identity verification in many cases.

You will need to reapply for this loan in subsequent years following the same application process.

In order to fund the loan, %%MembershipStatus%%. To expedite funding, visit your credit union branch or website to open your membership and account while we are processing your loan.

The money will be sent directly to the school. If there are excess funds after your direct school related costs are paid, the school will issue a check to you with those remaining funds.

No. You can pay off your Student Choice loan solution at any time, even if you're still in school.

Students may choose full deferment while in school, elect to make interest only payments while in school, or choose full principal and interest only payments. Please note that our loan does offer a grace period of six (6) months immediately following the borrower's separation from school (or drop below half-time enrollment). During the Grace Period the borrower is not required to make any payments. 

Contact the loan servicer (University Accounting Service) by calling 800-723-2210 or visiting them online. Also, please call the Student Choice call center to provide your updated information.

Yes, your school information is important. Once your loan is conditionally approved we'll verify your enrollment information. We will also work with the school to certify the loan and for disbursement of funds.

We still need to know how much you would like us to disburse. For example, your school may certify $10,000, but you only need $5,000 because you have other funds (such as savings) to pay the remaining cost.

Domestic: MIT Sloan students enrolled or enrolling in the following programs: Master of Business Administration, Leaders for Global Operations, Sloan Fellows, Master of Science in Management Studies, Master of Finance, and Executive MBA. Students must meet MITFCU underwriting requirements as well as minimum credit score criteria to be approved for a loan.

International: MIT Sloan students enrolled or enrolling in the following programs: Master of Business Administration, Leaders for Global Operations, Sloan Fellows, Master of Science in Management Studies, and Master of Finance. Students must meet MITFCU underwriting requirements as well as minimum credit score criteria to be approved for a loan. Necessary documentation may include one of the following:

International Student: A student who is not a U.S. citizen or U.S. permanent resident, and requires a visa for entry to the United States. Necessary documentation may include one of the following:

• F-1 Visa, valid unexpired Passport, I-94 and I-20
• J-1 Visa, valid unexpired Passport, I-94 and DS-2019
• H-1B Visa, valid unexpired Passport, I-94 and Employer Letter
• L-1 Visa, valid unexpired Passport, I-94, Letter of Acceptance, and Letter from Employer stating that the borrower remains employed full-time

You may submit documents by secure upload, fax or mail.

• Upload: You can safely and securely upload images of your loan documents directly to Loan Processing by logging into your existing application.
   
• Mail: Please send documents to:

%%CUName%%
c/o Campus Door Holdings
1415 Ritner Highway
Carlisle, PA 17013

• Fax: (717) 241-3188

If you need further assistance in submitting your documents, please email us at [email protected].

You can quickly and easily apply online. As part of the loan application process, applicants will receive detailed instructions on additional documentation that must be submitted in order to complete the loan process. If you have questions, please contact our student loan representatives.

Yes, in addition to income, employment history, and credit requirements, the borrower must be in active repayment on their existing PLUS loans and have graduated from an approved school . In the case of a parent looking to refinance their Parent PLUS loan, the student for whom the loan was taken must have graduated from an approved school.

You can quickly and easily apply online. As part of the loan application process, applicants will receive detailed instructions on additional documentation that must be submitted in order to complete the loan process. If you have questions, please call our student loan representatives at 866-438-9510.

We’re obviously big fans of our PLUS Loan Refinance, but it may not be the right choice for everyone. Federal loans do offer certain benefits and protections that do not transfer to a private loan. It is very important that you take this into consideration before refinancing to determine if any federal benefits apply to you.

For example, Grad PLUS loans are eligible for an Income-Based Repayment (IBR) Plan, which allows borrowers to make reduced monthly payments if they experience financial hardship. This type of benefit certainly could be helpful for some borrowers, and would not be available to borrowers if they refinanced to a private loan. Another item to consider is that federal student loans are discharged if the borrower dies (Grad PLUS and Parent PLUS), or if the student on whose behalf you obtained the loan dies (Parent PLUS).

It is very important that you take these types of benefits into consideration before refinancing. Ultimately, if you are a borrower with a secure job, emergency savings, strong credit, and are unlikely to need any of the options available to distressed borrowers of government loans, a refinance of your PLUS loans into a private student loan may be attractive to you. Please review this important disclosure for more information.

Once approved, you can borrow from $5,000 up to $100,000. Make sure to review your existing loans carefully so that you borrow the exact amount you need.

[Note: The amount of your refinance loan will be based on existing loan balances as indicated by statements that you will need to provide as part of the loan application process. You may want to consult with your original loan providers to confirm the loan balances, thus ensuring that your consolidation loan is neither over- nor under-funded.]

The most important reason to consider our PLUS Loan Refinance is very simple . . . to save money. PLUS loans are a great option for many parents and grad students when filling educational funding gaps. However, until the summer of 2013, all PLUS loans originated over the last several years carried an interest rate of at least 7.9%. Similar to homeowners who’ve taken advantage of today’s historically low rates to refinance their mortgages and save thousands of dollars, we wanted to create a unique refinance program to give PLUS loan borrowers that same opportunity. 

No. There are no origination fees with our PLUS Loan Refinance.

Our PLUS Loan Refinance offers several rate and repayment options:

• 5.99% fixed rate – 5 year repayment term¹
• 6.49% fixed rate – 10 year repayment term²
• 7.49% fixed rate – 15 year repayment term³

To give you some perspective, if you refinance $48,000 in loans, moving from a 7.9% rate (10-year repayment term) to a 6.49% rate (10-year repayment term), you could lower your monthly payment by more than $50 and save approximately $4,200 over the life of the loan. And consider this, if you’re in a position to afford higher monthly payments, you could refinance to a 5-year repayment term at a rate of 5.99% and save nearly $14,000 over the life of the loan.⁴

To calculate exactly how much you could save, please use our Refi Calculator.

Repayment Examples:

¹For a $48,000 refinance loan for a term of 5 years with a 5.99% APR, the monthly payment will be $927.75. All loans are subject to approval and restrictions may apply. Workers' Credit Union reserves the right to change rates for new applications at any time and without notice.

²For a $48,000 refinance loan for a term of 10 years with a 6.49% APR, the monthly payment will be $544.79. All loans are subject to approval and restrictions may apply. Workers' Credit Union reserves the right to change rates for new applications at any time and without notice.

³For a $48,000 refinance loan for a term of 15 years with a 7.49% APR, the monthly payment will be $444.69. All loans are subject to approval and restrictions may apply. Workers' Credit Union reserves the right to change rates for new applications at any time and without notice.

Important:

Please remember that federal loans do offer certain benefits and protections that do not transfer to a private loan. By refinancing your federal PLUS loans to a private loan you will lose any federal benefits that may apply to you. Please review this important disclosure for more information.

No. This private education line of credit does not have origination or other application fees. In addition, there are no prepayment fees.

When you first complete the application, your line of credit amount will prefill. This amount is based on your school’s cost of attendance and the number of years you have remaining. You will need to select a loan amount, which is the amount you need to borrow for the upcoming term. For future academic terms, you will be able to request additional funds from your line of credit (called a “draw”), up to your line of credit amount (subject to annual credit review and satisfactory academic progress). Please note that draws can never exceed your school’s cost of attendance for the specified term.

Yes. You must be continually enrolled in a degree-granting program and meet your school’s minimum Satisfactory Academic Progress (SAP) criteria to be eligible. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, your line of credit may close, and you may enter repayment.

We partner with the credit bureaus to provide a secure form of identity verification. By validating your identity through this process, we can forego extra identity verification in many cases.

In order to fund the loan, %%MembershipStatus%%. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

Funds are disbursed to your school based on the school's disbursement cycle. You will request the specific draw amount from the LOC each year.

The minimum is 1,000 per year. The maximum loan amount will be the certified need determined by your school, up to a maximum amount set by your credit union (view the product information page for more information) for the remainder of their undergraduate education. The certified need is typically the Cost of Attendance (COA) less other financial assistance and aid received. IMPORTANT: Please note that the maximum co-borrower aggregate amount for borrowing (across multiple lines of credit for multiple borrowers) is %%UG-COBMax%%.

You will be underwritten for the cost of the remainder of your education and will be allowed regular disbursement draws up to the school certified amount. Each year you will request a draw for the amount you wish to be disbursed from your line of credit. You will not need to reapply each year assuming there are no significant changes to the borrower or co-borrower credit scores.

We still need to know how much you would like us to disburse. For example, your school may certify $10,000, but you only need $5,000 because you have other funds (such as savings) to pay the remaining cost.

Our private education line of credit solution is available to many public and private non-profit degree granting schools nationwide. Unfortunately, if your school is not included in our approved list then you are not eligible at this time. However, you may still wish to contact the credit union for other possible loan options. Please note that the eligible schools list is subject to change without notice.

Call University Accounting Service at 800-723-2210.

Email is not a secure method of transmission and we do NOT support emailing as an option.

However, you may securely upload your documents by clicking the "Upload Loan Documentation" link within the application.

To establish automatic debit for your student loan payments, please contact University Accounting Service (UAS). You may visit the UAS website to create an account and set up your automatic payments.

You may also contact University Accounting Service (UAS), at 800-723-2210.

You may choose to make interest-only payments while in school, defer both principal and interest payments until six months after graduation, separation or drop below half time, or make full payments while in school.

Register at the UAS website to access line-of-credit information online or call University Accounting Service at 800-723-2210.

To change your repayment option, please contact the loan servicer, University Accounting Service (UAS), directly at 800-723-2210. Changes to repayment options can only be made once per academic year.

Graduated Repayment is repayment of principal and interest using an extended amortization period intended to lower the monthly payment amount, after which payments are higher and based on the remainder of original term.

The lender will assess a late fee if your payment is not made timely. You can pay your bill safely and securely online through the loan servicer's website.

Payments are due in accordance with your repayment schedule. If you are unable to make a scheduled payment, you must contact the loan servicer (University Accounting Service – 800-723-2210) before the payment due date to determine if alternate arrangements can be made.

No. You can pay off your Student Choice loan solution at any time, even if you're still in school.

Contact the loan servicer (University Accounting Service) by calling 800-723-2210 or visiting them online. Also, please call the Student Choice call center to provide your updated information.

You can re-apply for the loan with a different co-borrower. Call the Student Choice call center to inquire about underwriting criteria.

If you no longer qualify for the loan, you should speak directly with your school’s financial aid office. They will offer additional education funding guidance to you and your family.

If you are transferring to a new college, you will need to first confirm that the school is approved for funding per our approved school list. If the school you are transferring to is approved, you may contact our call center to be guided through the application process.

No. This private education line of credit does not have origination or other application fees. In addition, there are no prepayment fees.

When you first complete the application, your line of credit amount will prefill. This amount is based on your school’s cost of attendance and the number of years you have remaining. You will need to select a loan amount, which is the amount you need to borrow for the upcoming term. For future academic terms, you will be able to request additional funds from your line of credit (called a “draw”), up to your line of credit amount (subject to annual credit review and satisfactory academic progress). Please note that draws can never exceed your school’s cost of attendance for the specified term.

Yes. You must be continually enrolled in a degree-granting program and meet your school’s minimum Satisfactory Academic Progress (SAP) criteria to be eligible. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, your line of credit may close, and you may enter repayment.

We partner with the credit bureaus to provide a secure form of identity verification. By validating your identity through this process, we can forego extra identity verification in many cases.

Graduate business students who are:

• U.S. citizens or permanent residents (Foreign students are NOT eligible)

• Continually enrolled in a degree-granting program and meeting the school’s minimum Satisfactory Academic Progress (SAP) criteria. For fall and spring terms, you must be enrolled at least half-time. For summer term, you may be enrolled less than half-time. (Should you drop below half-time in the fall or spring, withdraw during any term, or fail to meet SAP requirements, your funding request can be denied, your line of credit may close, and you may enter repayment.) Before applying, make sure to check that your school is included in our listing of approved schools

• Able to pass a credit check (A co-borrower may be necessary in order for you to meet credit criteria, and may also help you qualify for a lower rate)

• Eligible for credit union membership (you may apply without being a member of the credit union, but you will need to become a member in order for the loan to be funded)

*Subject to credit qualification and annual credit review. Must meet school's Satisfactory Academic Progress (SAP) requirements. Approved schools subject to change. NOTE: If you are a Graduate Student enrolled in a NON-Business program, please make sure to maximize all lower-cost sources of funding before considering an alternative student loan. You should also note that Federal Graduate PLUS loans are another option available for graduate students. Graduate PLUS loans provide enough assistance to cover your costs of attendance less other financial aid received. For more information, check with your school's financial aid office or visit the Federal student aid website.

In order to fund the loan, %%MembershipStatus%%. To expedite funding, visit your credit union branch or website to open your membership account while we are processing your loan.

Funds are disbursed to your school based on the school's disbursement cycle. You will request the specific draw amount from the LOC each year.

The minimum is 1,000 per year. The maximum loan amount will be the certified need determined by your school, up to a maximum amount set by your credit union (view the product information page for more information) for the remainder of their graduate education. The certified need is typically the Cost of Attendance (COA) less other financial assistance and aid received. IMPORTANT: Please note that the maximum co-borrower aggregate amount for borrowing (across multiple lines of credit for multiple borrowers) is %%GB-COBMax%%.

You will be underwritten for the cost of the remainder of your education and will be allowed regular disbursement draws up to the school certified amount. Each year you will request a draw for the amount you wish to be disbursed from your line of credit. You will not need to reapply each year assuming there are no significant changes to the borrower or co-borrower credit scores.

We still need to know how much you would like us to disburse. For example, your school may certify $10,000, but you only need $5,000 because you have other funds (such as savings) to pay the remaining cost.

Our private education line of credit solution is available to many public and private non-profit degree granting schools nationwide. Unfortunately, if your school is not included in our approved list then you are not eligible at this time. However, you may still wish to contact the credit union for other possible loan options. Please note that the eligible schools list is subject to change without notice.

The lender will assess a late fee if your payment is not made timely. You can pay your bill safely and securely online through the loan servicer's website.

Payments are due in accordance with your repayment schedule. If you are unable to make a scheduled payment, you must contact the loan servicer (University Accounting Service – 800-723-2210) before the payment due date to determine if alternate arrangements can be made.

To change your repayment option, please contact the loan servicer, University Accounting Service (UAS), directly at 800-723-2210. Changes to repayment options can only be made once per academic year.

Call University Accounting Service at 800-723-2210.

Email is not a secure method of transmission and we do NOT support emailing as an option.

However, you may securely upload your documents by clicking the "Upload Loan Documentation" link within the application.

Register at the UAS website to access line-of-credit information online or call University Accounting Service at 800-723-2210.

To establish automatic debit for your student loan payments, please contact University Accounting Service (UAS). You may visit the UAS website to create an account and set up your automatic payments.

You may also contact University Accounting Service (UAS), at 800-723-2210.

No. You can pay off your Student Choice loan solution at any time, even if you're still in school.

Contact the loan servicer (University Accounting Service) by calling 800-723-2210 or visiting them online. Also, please call the Student Choice call center to provide your updated information.

Graduated Repayment is repayment of principal and interest using an extended amortization period intended to lower the monthly payment amount, after which payments are higher and based on the remainder of original term.

You may choose to make interest-only payments while in school, defer both principal and interest payments until six months after graduation, separation or drop below half time, or make full payments while in school.

No. Loan funds are disbursed directly to your school. Each school processes refunds differently. If you need funding for miscellaneous expenses such as off-campus housing, please check with your school to find out their specific procedure for refund issuance.

Though you requested a particular loan amount, your school might have certified your loan for a lesser amount. The process of school certification allows your college to have control over your loan amount and when the loan funds (disbursement date). School certification involves the college in the borrowing process for its students, thereby ensuring that students are managing their educational debt wisely.

Depending on the timing of your request, we may be able to accommodate your request. Please call the Student Choice call center to discuss your options. When necessary, we may have you contact the Financial Aid Office at your school.

During peak loan season (July through September), please allow 35-40 business days from the time you submit your completed loan documents. Though your loan may be processed, it is up to the school to "certify" your loan. Certification involves selecting a disbursement date and loan amount for your loan. The school has the final say on when your loan disburses and in what amount. During non-peak season, please allow 10 to 15 business days from the time your completed loan application has been submitted.

If you requested your draw late, please let your financial aid office and your bursar’s office know that you have been approved for a loan. If the school requires proof that you are approved for the loan, ask the financial aid office which documents will suffice for proof that the loan is in process. After speaking with the financial aid office, contact your bursar to inquire how they manage late fees and if they can be waived.

You may submit documents by secure upload, fax or mail.

• Upload: You can safely and securely upload images of your loan documents directly to Loan Processing by logging into your existing application.
   
• Mail: Please send documents to:

%%CUName%%
c/o Campus Door Holdings
1415 Ritner Highway
Carlisle, PA 17013

• Fax: (717) 241-3188

If you need further assistance in submitting your documents, please email us at [email protected].

You can re-apply for the loan with a different co-borrower. Call the Student Choice call center to inquire about underwriting criteria.

If you no longer qualify for the loan, you should speak directly with your school’s financial aid office. They will offer additional education funding guidance to you and your family.

If you are transferring to a new college, you will need to first confirm that the school is approved for funding per our approved school list. If the school you are transferring to is approved, you may contact our call center to be guided through the application process.

No. There is no pre-payment fee and you can pay off the loan at any time.

No. Loan funds are disbursed directly to your school. Each school processes refunds differently. If you need funding for miscellaneous expenses such as off-campus housing, please check with your school to find out their specific procedure for refund issuance.

Though you requested a particular loan amount, your school might have certified your loan for a lesser amount. The process of school certification allows your college to have control over your loan amount and when the loan funds (disbursement date). School certification involves the college in the borrowing process for its students, thereby ensuring that students are managing their educational debt wisely.

Depending on the timing of your request, we may be able to accommodate your request. Please call the Student Choice call center to discuss your options. When necessary, we may have you contact the Financial Aid Office at your school.

During peak loan season (July through September), please allow 35-40 business days from the time you submit your completed loan documents. Though your loan may be processed, it is up to the school to "certify" your loan. Certification involves selecting a disbursement date and loan amount for your loan. The school has the final say on when your loan disburses and in what amount. During non-peak season, please allow 10 to 15 business days from the time your completed loan application has been submitted.

If you requested your draw late, please let your financial aid office and your bursar’s office know that you have been approved for a loan. If the school requires proof that you are approved for the loan, ask the financial aid office which documents will suffice for proof that the loan is in process. After speaking with the financial aid office, contact your bursar to inquire how they manage late fees and if they can be waived.

You may submit documents by secure upload, fax or mail.

• Upload: You can safely and securely upload images of your loan documents directly to Loan Processing by logging into your existing application.
   
• Mail: Please send documents to:

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c/o Campus Door Holdings
1415 Ritner Highway
Carlisle, PA 17013

• Fax: (717) 241-3188

If you need further assistance in submitting your documents, please email us at [email protected].