Student Loans at Eastmill Federal Credit Union

Student Loans

  • We offer Stafford Loans (formerly called Guaranteed Student Loans).  Students are eligible to borrow under this program beginning the first semester of their freshman year.  Eligibility is determined by the students college. Applications can be picked up at either location of the credit union.

  • Eastmill also offers an In-House Education Loan.  This loan is a revolving line of credit with a borrowing limit of $7500.00.  A parent must be the primary borrower.  The maximum term is 60 months.  Once the student pays down the balance of the loan, more money (up to $7500) can be borrowed again.  This is NOT A DEFERRED LOAN.  Payments will begin 30 days from the day of the loan.  All check disbursements from the loan are made payable to the student's school. 






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