Alternative Student Loans

• Affordable:
  • Rates as low as Prime with a floor of 5.5%
  • Interest rates range from Prime Rate to Prime + 6%, adjustable semi-annually. 
  • No closing costs, fees or hidden charges
    
• Convenient Online Application  
  • 24/7 access to your application for students, co-signers and co-borrowers, no matter where they live!
  • Quick approval decisions
  • Easy electronic closings, no branch visits are necessary.
  • Secure and confidential with unique profiles for borrowers and co-borrowers that each can manage confidentially
• Responsible: School certification of expenses helps to avoid over-borrowing for your education.
• Easy Disbursements:  Tuition, room and board and meal plan expenses will be disbursed directly to your school to meet expenses.  Excess funds will be refunded to you by the school.
• Deferred Payments: While in school at least half-time and for six months after leaving school.
  

• Student must be a Community First member
• Co-Signers/Co-Borrowers must be Community First members with an active checking account and full Direct Deposit.
• Student must be enrolled at least half-time at an Approved School.

• Are you applying for the first time?
  • Both students and co-signers will be asked to create unique user names and passwords to complete your application now and to access the system for a loan request each subsequent academic year. Please note that this application process is separate from PC Home Banking and CFCU's other online applications, so your PC Home Banking user name and password will not work.
• Are you a Returning Student Borrower?
  • Login using the user name and password you set up previously.  Help is available to be reminded of your user name and password.