Student Loans
Prepare for Your
New Chapter
Student Loans for Any Degree
Whether you’re heading to college, graduate school, or a professional program, paying for your education can feel overwhelming. We partner with Sallie Mae®1 to offer loans for a variety of degree programs, such as:
- Undergraduate Programs
- Graduate and Master’s Programs
- Loans for parents
- Medical School
- Dental School
- Law School
- Loans for the bar exam
Before You Borrow
Student loans are one way to help pay for education, but they’re not the only option. Before applying for a private student loan, consider other resources that may help reduce the amount you need to borrow.
Start with FAFSA
Complete the Free Application for Federal Student Aid (FAFSA®) to explore federal grants, loans, and work-study opportunities.
Scholarships & Grants
Look for scholarships through your school, community organizations, employers, and other sources.
Tap Into Savings
Planning ahead can help reduce the amount you’ll need to borrow. Using money you’ve already saved may help lower your overall loan costs and monthly payments.
Consider Your Future Payments
Think about how much you’ll borrow and what your expected monthly payment could look like after graduation.
Planning Ahead for Education?
The best time to start saving for education is before you need to pay for it. KTVAECU’s Educational Savings Account2 can help families set aside money for future college or trade school expenses. Family and friends can contribute, making it easier for everyone to play a part in a child’s educational future. Visit our Youth Accounts page to learn more!
Estimating College Costs
It’s hard to know just how much you will need for your child’s education, especially if their college start date is years away. Use our savings calculator to get an estimate of how much you will need to save.
More Savings Tips and Tricks for Students
Looking for ways to make your college budget stretch further? Listen in for practical tips and ideas to help you save money and make the most of your college experience.
Student Loan FAQs
Can’t find your question about student loans? Contact Us
We partner with Sallie Mae® which connects you with trusted student loan options designed to meet your needs! We also offer savings accounts such as our Educational Savings Account and U-Name-It Savings account as options to save for your education.
Federal student loans are funded by the federal government and may offer certain benefits and protections. Private student loans are offered by private lenders and may have different eligibility requirements, interest rates, repayment terms, and benefits. It’s important to compare your options before borrowing.
Yes! Completing the Free Application for Federal Student Aid (FAFSA®) can help you determine whether you qualify for federal grants, work-study, and federal student loans. Because federal aid may offer benefits that private loans don’t, it’s generally worth exploring federal aid before considering private student loans.
Depending on the loan program, student loans may help cover eligible education-related expenses such as tuition, fees, books, supplies, room and board, and other qualifying costs. Review the specific terms of your loan to understand which expenses are eligible.
Before borrowing, consider how much you need, the interest rate, fees, repayment terms, and the total amount you may repay over the life of the loan. You may also want to explore scholarships, grants, federal student aid, and savings before taking on additional debt.
Make all your required payments on time and, if possible, pay extra toward your highest-interest loan to reduce the amount of interest you pay over time. Explore repayment plans and forgiveness programs if you have federal student loans.
Create a budget, track your spending, and set aside a consistent amount from each paycheck for student loan payments. Reduce unnecessary expenses, automate your savings, and put extra income, such as bonuses or tax refunds, toward your loans when possible.
Ready to Get Started?
Contact us or visit a branch to learn more!