Mortgages & Loans > Student Loans
A post-secondary education can be expensive. 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 the 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
- Interest payments only while in school
- 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 the loan reverts to a payment basis. Visit a Loan Specialists for personalized payment options - Interest
payments only are required while attending a
post-secondary institution
Resource Centre
Use our online Resource Centre and Life Events section for information and interactive calculators.
Quick Links
sascukudos.com –
Great options for 18 to 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 by phone or email: info@sascu.com We are ready to serve you.
