Loans > Student Loans
A post-secondary education can be expensive. But a SASCU Student Loan can help make handling those costs a little easier. This loan is designed to supplement your education financial needs. Let us help you simplify the financial aid process.
Eligibility / Loan Approval
- You will require a co-signer for your loan who must be a member of Salmon Arm Savings and Credit Union.* exceptions do apply, contact one of our Loan Specialists for details.
- Proof of enrollment in an accredited school
Features
- Our student loans are based on a rate of Prime rate plus 1.5%.
- Fast and friendly application turnaround
- We’ll walk you through the student loan process taking the time you need to fully understand it
- Loan plans are uncomplicated, easy to blend into a realistic budget and custom tailored to each student's needs.
- Maximum loan amounts vary, contact one of our Loan Specialists for details.
Access
- In–branch, only
Payment
- Principal payments are not due while you are in school or in the six month grace period following completion of your studies, after which loan reverts to a payment basis, see Loan Specialists for personalized payment options.
- Interest payments only are required while attending post secondary institutions.
Resource Centre
Use our online Resource Centre and Life Events section for information and interactive calculators.
Quick Links
sascukudos.com -
great options for for 18 - 24 year olds
Get kudos today!
Graduating from College / University
Note: SASCU DOES NOT handle Government of Canada Student Loan applications.
Experience the credit union difference on your student loan, visit one of our 3 branches today, or contact us via phone or email: info@sascu.com. We are ready to serve you.
