Getting a college degree is a worthwhile goal.  College graduates make an average of one million dollars more than those without college degrees.  But the cost of a college education can be overwhelming for both students and parents.  That's why IRCO Credit Union offers Federal Family Education Loan Program (FFELP) loans.  If you or another family member plans to attend a university, technical college, or any specialized training program. IRCO Credit Union is here to help you, we offer NO ORIGINATION FEE and provide the funding you need to pursue your dreams.

BORROWER RATES
Fixed Interest Rates for Loans Disbursed on or after July 1, 2006
Federal Stafford Loans Undergraduate Subsidized Loans - For Loans Made after July 1, 2008					6.00%
Federal Stafford Loans Graduate Subsidized Loans Unsubsidized Dependent & Independent Loans					6.80%
Federal Parent PLUS/Grad PLUS Loans					8.50%
Federal Consolidation Loans Weighted average of the interest rates on the loans consolidated, rounded up to the nearest 1/8th of one percent.
Variable Interest Rates for Loans First Disbursed Between July 1, 1998 and June 30, 2006
Federal Stafford Loans - In-school, grace or deferment					3.61%
Federal Stafford Loans - Repayment/Forebearance					4.21%
Federal Parent PLUS/Grad PLUS Loans					5.01%
Federal Consolidation Loans Weighted average of the interest rates on the loans consolidated, rounded up to the nearest 1/8th of one percent.

  

STEP- BY- STEP INSTRUCTIONS Instructions on how to obtain a Federal Student Loan, click here. APPLY ONLINE FOR STUDENT LOANS   Lender Code - 833822 Federal Stafford Loan Federal PLUS Loans for Parents Federal Graduate/Professional PLUS Loans CONSOLIDATION LOANS Are you interested in consolidating your loans?  Call 800-950-0152 for more information. STUDENT LOAN QUICK REFERENCE GUIDE Refer to the Student Loan Quick Reference Guide for more details on Stafford and PLUS Loans including:   Application process Current rates Loan limits Toll-free numbers to check the status of your loan account ADDITIONAL RESOURCES Great Lakes Educational Loan Services, Inc. - www.mygreatlakes.com - Guaranty agency for your student loans.   You can check the status of your student loans here.  FAFSA - www.fafsa.ed.gov - Online application for financial aid.   Department of Education - www.studentaid.ed.gov - Detailed student aid and student loan information. Mapping Your Future - www.mapping-your-future.org - Detailed information about career planning, selecting a school. FastWeb - www.fastweb.com - Scholarship information. SCHOLARSHIP INFO Each year, IRCO offers two $500 scholarships.  Information will be available on our website from January through May.  To obtain a printable application, click here.  NEED HELP? Kathie Carita is in charge of our student loan program and she will be happy to answer any questions you may have regarding this great new product.  Give Kathie a call today at 908-859-1811 or 800-538-1572 ext. 206 or email her at: kcarita@ircocu.com.  Let us help make this a very exciting time in your life as easy as possible.     *IRCO does not endorse or guarantee the products, information, or recommendations provided by the linked third party websites.  IRCO is not liable for any failure of products or services advertised on the linked third party websites.  Each linked third party website may have a privacy policy that is different from IRCO's privacy policy.  The linked third party website may provide less security than IRCO's website.