Introducing Coastal’s Higher Education Loan - A Flexible Private Education Loan for Students with Financial Needs & Ambitions!

Worried about paying for college? If you’re a qualified student (18-years of age or older) working towards a degree at an accredited 2-4 year post secondary institution, Coastal’s Flexible Private Education Loan may be the perfect alternative for you. It can quickly provide the affordable assistance and flexibility you need to pay the education related expenses that your scholarships, grants and student assistance packages won’t cover (Tuition, books, fees, computer, room/board and other expenses). You’re a great candidate if you qualify and if a guaranteed federally insured loan isn’t the right option for you.

With our Higher Education Loan, interest only payments are required while you’re in school. After graduation, there is a six-month grace period of additional interest only payments. Then, you can make affordable monthly payments (low minimum payment plus interest) until the balance of your loan is paid off. Only following the grace period will loan payments be increased to pay the balance over the term of the loan.

Coastal's Higher Education Loan is perfect for you if...

• You meet credit qualifications
• Scholarships, grants and federal student loans don’t cover your total education-related costs
• You’re left to use a high interest credit card
• You’ve chosen not to apply for traditional financial aid
• You need payment flexibility and the ability to cover unpaid education-related costs directly related to or required by your school

Loan Features

Variable rate as low as 5.25% APR* Prime rate

Maximum of $25,000
(Amount granted based on credit qualifications)

• No Fees
• Loan privately funded loan by Coastal Federal Credit Union
• The loan contract in a student’s and/or a co-borrower’s name
• Borrow maximum limit of $25,000
• Total loan amount determined by the actual amount it will cost for the student to complete post-secondary education
• Draw funds against the loan each semester along with required documentation

Apply Online! »

Or call our 24-Hour Lending Center at 1-877-APPLY24.

As soon as you provide the necessary documentation, we can process your loan and put a check in your hands in as little as 48 hours (Providing that credit requirements are met).

*APR=Annual Percentage Rate. Lowest rates based on Coastal Federal Credit Union’s qualified loan program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms. Other rates and terms available. All rates and terms are subject to change without notice. Contact a credit union loan representative for full details.