Education Loans (Student/Parent)

Looking for financial aid to pay for college?

Student Loans and Parent Loans

If you are a college student or the parent of one and need assistance in funding your higher education, LAFCU offers a Guaranteed Student Loan for qualified borrowers through Great Lakes Higher Education Corporation. Contact Great Lakes at their website or call them (800) 236-6600.

There are two programs: the Stafford loan for students and the PLUS program for parents. The first step is to contact the financial aid office at your college for eligibility requirements, then request an application from us.

Consolidate Your Student Loans & Save

By combining your Student and/or Parent loans into one "Consolidation Loan" you'll enjoy:

  • Only one payment date to remember
  • A fixed interest rate and no loan origination fees
  • No maximum dollar limit
  • Several convenient repayment options

To qualify, you must be either in your loan´s grace period or in repayment for each eligible loan included in the consolidation. Only Title IV loans (such as Stafford or PLUS) may be consolidated. Ask us for details.