Private Student Loans

Private Student Loan Options from St. Paul Federal 

Recognizing the need for higher education financing for its members, St. Paul Federal Credit Union offers Private Student Loans as well as consolidations and refinancing.

With college enrollment at an all-time high and the cost of tuition escalating, St. Paul Federal’s Private Student Loan can assist students and families when federal options are exhausted. Our Private Student Loan can help pay for all qualified education expenses including tuition, room and board, books and computers. These loans also include an in-school payment feature that helps students learn responsible repayment habits and build their credit scores.

It’s easy and free to apply!

We have partnered with LendKey to make repaying your student loan debt easier by refinancing your existing student loans. You may be able to lower your monthly payments and reduce your interest rate by refinancing your existing student loans with St. Paul Federal Credit Union. Contact LendKey to see if you’re eligible.

Here are some of the great benefits of refinancing your student loans with St. Paul Federal and LendKey:

• No application or origination fees
• Make one loan payment, instead of several
• Choose the option that fit your situation
• Discounts for making automatic (ACH) Payments
• Co-signer release after 12 months of on-time, interest and principal payments, when requested

For recent college graduates currently faced with high interest private student loan debt, St. Paul Federal offers a consolidation and refinancing solution. Our Private Student Loan Consolidation combines loans from multiple lenders into one easy payment. This option can also potentially save thousands of dollars in student loan payments every year, allowing borrowers to put the extra money towards paying off their debt faster, or towards a major purchase such as a car or home.

Questions about student loan consolidation and refinancing? Check out LendKey’s Frequently Asked Questions.