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
Still have questions? E-mail a kudos Advisor now or visit us in-person.
