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PRIVATE STUDENT LOANS

Private student loans

Help to make your dreams a reality

A University Federal Credit Union Private Student Loan can help you bridge the financing gap when other types of financial aid like grants, scholarships, and federal loans are not enough to cover the cost of your college education. With competitive interest rates, exceptionally flexible financing options
for students, and convenient refinancing options, UCU is Utah’s bank of choice for private student loans.


Student Loan Interest Rates


Variable Rate

As low as 4.27% (with autopay ‡)

Fixed Rate
As low as 5.36% (with autopay ‡)

Easy application and quick approval process

  • Borrow as little as $2,000 or up to cost of attendance per year ($120,000 lifetime maximum)
  • Available if you are enrolled in an eligible school and pursuing a degree program
  • Competitive interest rates, and with good grades, get even lower rates
  • Loans offered through LendKey

Apply NOWREFINANCE NOW

What is a Private Student Loan?

A private student loan is an alternative financing option for students to pay for college. Students may apply for a private loan in situations where they can’t receive any more federal aid or if they need extra financing for their student expenses. University Federal Credit Union’s student loan can help you bridge the financing gap when other types of financial aid such as grants, scholarships, and federal loans are not enough to cover the cost of your college education.

At University Federal Credit Union, we hope to offer you the best choice in Utah for your student loan. Please get in contact with a representative today if you have any questions.

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Why Borrow with University Credit Union?

  • Borrow what you need- Borrow up to $120,000 as an undergraduate, or $160,000 for graduate education.
  • Competitive Interest Rates- Based on your academic history, your rates may be even lower.
  • Release Your Cosigner- Give more flexibility to your cosigner by releasing them from your loan after making 24 consecutive on-time full principal and interest payments. †
  • 0.25% Interest Rate Reduction- Set up recurring monthly payments to enjoy a reduced interest rate. ‡
  • No Origination Fee- Why pay us money to process your loan application? We'll never charge you any origination fees.
  • Cover Your Education Costs- Use your loan for any qualified educational expenses including tuition, room & board, books, and even computers.

Refinancing Student Loans

If you’ve finished your college education and had time to improve your credit score, now is the perfect time to refinance your student loan debts! Refinance your existing student loans with University First Federal Credit Union to lower monthly payments and reduce interest rates. 

  • 15 Minutes & Done — Complete your entire application online in under 15 minutes.
  • Manage Your Loan — Our online portal lets you check your balance, make payments, and access your account anytime — day or night.
  • Release Your Cosigner — Give more flexibility to your cosigner by releasing them from your loan after making 12 consecutive on-time full principal and interest payments.
  • No Origination Fee — Why pay us money to process your loan application? We'll never charge you any origination fees.

refinance now