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SIUCU Mobile

Free - On the App Store

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SIUCU Mobile

Free - On the App Store

Student Loans

Low-Cost Student Loan Options

Partnered with LendKey

Introducing Our Student Loan Partner, LendKey!

We’ve partnered with LendKey to provide our members with access to low-cost student loan and student loan refinancing products online at anytime. LendKey shares our mission of prioritizing people over profit and all student loan products available on the LendKey platform are funded by community lenders across America.

  • Lower payments with interest rates as low as 2.57% (with auto-pay)
  • Refinance federal and private student loans for undergraduate and graduate debt
  • Simplified finances with one simple monthly payment
  • No origination fees or prepayment penalties
  • Cosigner release option available
  • 0.25% interest rate reduction for using ACH automatic payments

Student Loan Refinancing

If you’re having a tough time repaying your student loans or are just hoping to lower your interest rate and monthly payments, you’re not alone. Various repayment options are available, including interest-only payments for the first four years. In just 3 minutes you can see what new rate you qualify for and how much you can save by refinancing your student loans.

See How Much You Can Save
  • Competitive rates from community lenders
  • Tax deductible interest payments
  • Cosigner release option available
  • No origination fees or prepayment penalties
  • 0.25% interest rate reduction for using ACH automatic payments

Private Student Loans

Private student loans from LendKey can be used to cover education costs including tuition, room and board, books, and other school related expenses. Private student loans serve as a way for students and families to fill the funding gap between the cost of attending school and the amount of federal loans, grants, and scholarships available to them.

It is important to note that cosigners can play a critical role in helping student borrowers to secure private student loans and qualify for a lower rate.

Apply Here
  • 1 – Refinancing Federal Student Loans: Please be aware that you may potentially lose certain benefits associated with your federal student loans by refinancing such federal loans with a private student loan consolidation. These benefits may include favorable repayment options, loan and fixed interest rates, extended loan terms, and loan forgiveness. We strongly advise that you seek professional advice and examine the benefits and options before refinancing your federal loans. It is important to us that you are comfortable with potentially forfeiting benefits that may not be offered through our consolidation loan.

    2 – Cosigner Release: In order to qualify the cosigner release, the borrower’s account cannot be delinquent and he/she must submit a request, meet the consecutive, timely payment requirements, and meet the lender’s credit criteria and income requirements.

    3 – ACH Discount: Subject to floor rate. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments.

    4 – Tax Deductible Interest Payments: Generally available for borrowers who have paid $600 or more in eligible student loan interest during the calendar year (with a maximum of $2,500 in eligible interest allowed to be claimed). Please consult with a tax expert to understand if this option may be available to you.