Pursuing higher education is highly valued, but it often comes with a significant cost. At MPS Credit Union, making college financially accessible is one of our highest priorities so we’ve partnered with Lendkey, a trusted online lender to bring you the best rates on both Private Student Loans and Student Loan Refinancing. Send your student off to school with confidence; MPS and Lendkey can help make it happen.
Private Student Loans
Private student loans are credit-based loans for college that are used to pay for qualified educational expenses including tuition, room and board, books and other school related expenses. A private student loan serves as a way for students to fill the funding gap between the cost of attending school and the amount of federal loans, grants and scholarships available to them.
Student Loan Refinance
The average student graduates college with more than $40,000 dollars in student loans. Those that go on to graduate school will graduate with even more debt, many times in the six figures for professional degrees. While there is no way to eliminate student loan debt without paying it off, there are some tactics to reduce the overall cost of the principal and interest combined. One way is with a student loan refinance plan.
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