Student Benefits

  • No Origination Fee for all student borrowers.
  • Competitive Interest Rates and with good grades, even lower rates.
  • 1% Interest Rate Reduction once 10% of the loan principal is repaid during the full repayment period.
  • 30-Day No-Fee Return Policy allows you to cancel the loan within 30 days of disbursement without fees or interest.
  • Cosigner Release Available for creditworthy borrowers after 24 consecutive on-time principal + interest payments.

Eligibility Requirements

  • Borrower must be enrolled in an eligible school and pursuing a degree program.
  • Borrower must be a member or join Sooper Credit Union during the online application process.
  • Borrower and cosigner must be a US Citizen or permanent resident.
  • Students are encouraged to apply with a creditworthy cosigner for a better chance of approval and/or lower interest rate.