Paying for graduate school can be a financial burden for many individuals. GO LOAN, powered by UHEAA and in partnership with the University Federal Credit Union, is an easy, flexible way to get the money you need to complete your graduate studies. GO LOAN is designed for graduate students in many programs.

GO LOAN can help you bridge the financing gap when other types of financial aid are not enough to get you through school.

To qualify for GO LOAN, you must be attending at least half-time and be a student in one of the following graduate degree-seeking programs:

• Law, Accounting
• Business Administration
• Education, Healthcare Administration
• Occupational Therapy
• Public Administration
• Public Health
• Social Work
• Statistics
• Engineering
• All Doctorate degrees

Non-Profit Partners

GO LOAN is provided through a special partnership between local non-profits, the University Federal Credit Union and UHEAA, with a goal to help students acheive their personal, professional, and financial goals through low cost student loans.

Why GO?

GO LOAN is an inexpensive way to meet your finanicial aid needs. With GO LOAN, you pay no origination fees which means you receive 100% of the amount you borrow. With GO LOAN, there is no annual borrowing limit so you can cover the total cost of attendance, less any other financial aid you may be receiving. 1

Once you begin repayment, GO LOANoffers these additional industry-leading borrower benefits: 2

• Zero Fees 3
• 1% interest rate reduction when you repay your loan using automatic payments
• An additional 1% interest rate reduction after you’ve made 48 on-time payments

GO LOAN offers a competitive variable interest rate based on the Wall Street Journal (WSJ) Prime Rate. 4

Is GO For You?

To qualify for GO LOAN, you must have a strong credit history and satisfy the application criteria. Borrowers without a strong credit history may apply for GO LOAN with the help of a qualified co-signer.

Before applying for GO LOAN, check with your financial aid office for information on other sources of financial aid, including scholarships, grants, work-study, and federally guaranteed graduate loans. It is important to exhaust all other financial aid options before applying for GO LOAN

Although payments are deferred while you are in school, you are still responsible for any interest accrued during that time. If you choose not to pay the interest while you are in school, the interest accrued will be added to your outstanding balance.

How to Apply

Go Loan Application

Go Loan Co-Signer Application

University Federal Credit Union has partnered with UHEAA to provide low-cost student loans. For more information about GO LOAN or other financial aid options for which you may be eligible.

        Email: goloan@ucreditu.com

Bridge the Gap

GO LOAN helps bridge the gap when other typesof financial aid are not enough to get you through graduate school.

No Fees

Low Interest Rate

A variable interest rate is calculated at 5% above the Wall Street Journal (WSJ) Prime Rate, with a minimum rate of 7% and a maximum of 18%.*

No Payments During School

Payments are deferred while you are in school and enrolled at least half-time.

A 6-month grace period is available after graduating, leaving school, or dropping below half-time status.

Local Service

University Federal Credit Union has branch locations in Salt Lake and Davis Counties. UHEAA offices are located in Salt Lake City. Member Service Representatives are available by telephone, e-mail, or in-person consultations.

Online account access and online payment options are also available at www.uheaa.org.

1 Aggregate loan limits exist. Visit www.uheaa.org for more information.

2 Borrower benefits are subject to change without notice. Terms and conditions apply. Please visit www.uheaa.org for more information.

3 GO LOAN does not charge origination fees; however, you may be charged fees for late payments or non-payment, including collection costs in the event of default.

4 The GO LOAN interest rate may not fall below 7%, even when all borrower benefit interest rate reductions are factored in.The interest rate will not exceed 18%. The variable interest rate will be calculated no more than once per month when the published Wall Street Journal (WSJ) Prime Rate changes.