Student Education Loans
The cuScholar Private Student Loan is a way to help finance your child’s education. Student loans can help you fill in the funding gap between the cost of attending school and the amount of federal loans, grants and scholarships received. An education loan can also help cover your child’s tuition, room and board, books, computer, past-due tuition bills, and other educational expenses. You have enough to deal with, let cuScholar do the rest.
Financing from $2,000 to $120,000 (for undergraduates) and $160,000 (for graduates) per year, terms up to 120 months, no origination fees, and competitive student loan interest rates.
Scholarships
We annually award financial scholarships to high school seniors who have been accepted to a college or trade school and to existing college students through our Jack C. Mathews College Scholarship Competition. For 40 years, Jack worked for the City of Los Angeles and also volunteered 34 years on the LAFCU Board of Directors. After retiring from the Board in 2011, the LAFCU Scholarship was re-named in his honor. Jack C. Mathews passed away in 2013.
You are eligible to apply if you are a high school senior or college student with a minimum 2.5 GPA who has verification of attending a college, university or trade school in the Fall. Scholarship winners are selected based on their academic transcript, extracurricular activities, community service, and essay. For the 2023 scholarship, we will only accept submissions through our online application system or alternately, entries can be emailed to morozco@LAFCU.org. We will no longer be accepting submissions via U.S. mail.
Note: We are no longer accepting submissions for 2023 scholarships. Visit this page in January 2024 regarding future applications.
Since 2006, we have awarded over $108,000 in scholarships to help 92 deserving students and/or teachers.
Student Visa Card
Student Loan Calculators
LAFCU offers a variety of student loan calculators to help you make sound financial decisions regarding your child’s education. Find out when you should begin saving for your child’s college education, how much you should be saving, how long it will take to pay off student loans, and more.