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.
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, then he passed away in 2013. Since 2006, we have awarded over $108,000 in scholarships to help 92 deserving students and/or teachers.
You are eligible to apply if you are a LAFCU member in good standing, and are a high school senior, high school graduate, college student, or graduate student. You must have had a minimum 2.5 GPA while you were attending school or college, and provide verification of attending or continuing to attend a college, university or trade school in the Fall of 2024. Scholarship winners are selected based on their academic transcript, extracurricular activities, community service, and video.
2024 Scholarship Entries
• Entries can be submitted from 1/1/24 to 4/15/24.
• Applications & related documents must be submitted from the “Application” link below. We will not accept submissions via email, U.S. Mail or in-person at a branch.
• Videos can only be submitted via Direct Message on LAFCU's Instagram page (our name is "LAFCU").
• Video Contest Rules
• Video Appearance Waiver
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.