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Education Loans APL Federal Credit Union offers a variety of ways ways to help students and their parents deal with the high costs of an education - Tuition Loans, Student Loans, and Parental Loans. Tuition Loans For those who need short-term financing for educational expenses (such as tuition to be reimbursed by an employer), the credit union's tuition loan is the way to go.
Student Loans APL Federal Credit Union participates in a Federal student loan program to make low-interest loans available to students to help pay the costs of postsecondary education. Applicants must demonstrate financial need certified by the educational institution and be enrolled at least half time. Repayment begins six months after you drop below half-time enrollment status. PLUS Loans The Federal PLUS program (Parent Loans for Undergraduate Students), which helps parents of dependent undergraduate students borrow low cost funds to pay for education, is also available. For full details
about Student or PLUS loans, call our office or visit the Department
of Education Web site.
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