Private student loans are different than Federal Student loans, which are provided by the United State Government. Although private student loans are much like a auto loan or mortgage with an interest rate and payment terms, they are designed with the student in mind. The goal of student loans is to pay for specific educational expenses such as school tuition, housing, books and other school-related and required expenditures. These loans often have lower interest rates than a personal loan, limited fees, and may also be tax deductible in most cases.

Washtenaw Federal Credit Union partners with LendKey, experts in the student loan field. LendKey will provide you with the student loan options that are right for you no matter what your educational endeavor. They will help you understand if you are eligible for financial aid and what things you can do (like the benefits of having a co-signer on your student loan) to maximize your loan amount and obtain a lower interest rate.

You do not need to be a member of our credit union to apply for a student loan, but we welcome you once you have accepted your loan with LendKey. Please take time to explore our other products and services as well to ensure you receive all of the benefits of being a member of Washtenaw Federal Credit Union. After all, with your education, you're going places - and we want to help you get there!