ST. PAUL, Minn.–— City & County Credit Union has selected CU Student Choice to provide it with both private student loans and consolidation programs.
“With student loan debt now at $1.31 trillion and the average student graduating with $37,172 in student loans, we knew we needed to find an affordable solution for our members,” Patrick Pierce, CEO/President said.. “Student Choice has given us the opportunity to provide our members with student loan solutions that are innovative and designed specifically for them.”
City & County CU said its student loans feature zero origination and repayment fees, flexible repayment options and affordable, low-rates. In addition, the private student loan is structured like a line of credit where students only need to apply once and can then make multiple draws over the course of their entire undergraduate career.
Alongside its student loan options, the credit union said members are encouraged to utilize iGrad – City & County’s free, online student education resource. Students can create an account to track their loan progress, read blogs to learn how to budget and even hunt for jobs after graduation.
“By partnering with CU Student Choice, we are able to provide our members with not only an affordable student loan option, but also with the necessary tools and resources to conquer their finances while they are in school and after they graduate,” Pierce added.