Application

The initial application process consists of two steps:

1. A brief “Eligibility” page to confirm your eligibility in the cuStudentLoans program
2. An easy one-page “Application” that takes approximately 5-10 minutes to complete

If you’re credit approved, the remainder of the application process consists of:

1. Submitting the required documents for you, and the loan is cosigned, your cosigner
   1. Proof of Identity – Govertment issued ID which includes: passport, drivers license, or state issued ID card.
   2. Proof of Enrollment – Most recent unofficial transcript or acceptance letter if you are an incoming freshman.
   3. Proof of Income – Two recent pay-stubs from within the past 60 days. If the loan is cosigned, please send in proof of income for both the borrower and the cosigner.

You will progress through the application in a series of statuses until your loan has been completed. Below is a list of statuses and what they represent:

APPLYING – your application has not yet been submitted by either you or your cosigner and no credit pull has taken place to evaluate your creditworthiness.

REVIEWING – your application has been submitted and a credit pull has taken place but no formal decision has been made yet on your pre-approval status.

GATHERING – your application has been pre-approved and needs documents and repayment method selected before we can fully evaluate your application.

APPROVING – your application has been sent to the participating credit union for a final approval.

SIGNING – your application is ready for your signature and review before it is sent to your school for a certification of the funds you requested.

DISBURSING – your loan is now complete and your requested funds are being disbursed to your school on the date that they specified.