Credit Union of New Jersey EdAccess Private Student Loan

Federal loans not enough to cover the cost of your college education?
The EdAccess Private Student Loan available through Credit Union of New Jersey can be the answer to your funding needs.

Main Program Features

• Borrow as little as $2,000 or as much as $30,000 per year. $120,000 lifetime maximum
• Choose between making interest payments or a nominal $25 "Good Faith" payment towards the loan while in school
• Use the funds for any qualified educational expense, including past due tuition bills
• Quick approval once we receive your completed application
• Co-Signer release after just 24 consecutive on-time payments

Student Benefits

• Competitive Interest Rates and with good grades, get even lower rates
• 1% Interest Rate Reduction once you repay 10% of the loan
• 30 Day No-Fee Return Policy allows you to cancel the loan if you find a better option
• No Cosigner Required for creditworthy Juniors, Seniors and Graduate Students

Eligibility & Credit Requirements

• Borrower must be enrolled in an eligible school and pursuing a degree program
• Borrower must be a member or join Credit Union of New Jersey during the online application process
• Borrower or cosigner must be a U.S. Citizen. Foreign students can apply with a U.S. Citizen as cosigner.
• Freshmen and sophomores must apply with a creditworthy cosigner who has at least 21 months of credit history

Applying with a cosigner is highly recommended to qualify for lower rates!