Student loans are a great way to start a conversation with your next generation of members.

Helps build connections with a critical demographic:

• A popular product that most college students need
• Serves as a gateway to a broader relationship

Federal student loans:

• The first step in the lending process
• 97% backing from the U.S. Government
• Lower interest rates and fees
• Annual caps on requested loan amounts

Federal Student Loan program:

1000+ credit unions around the country offer their student loans through CUNA Mutual Group’s Student Loan Network.

• Delivers the strength and expertise of two leading companies: CUNA Mutual and Great Lakes Higher Education Corporation
• Handles all individual borrower account transactions
• Lets the credit union book general ledger lump sum entries
• Submits all required quarterly government reporting
• Easy-to-use online application tools and resources
• Includes top-quality training, marketing, and operations support
• Provides ongoing compliance

Key benefits of a student lending program for your credit union;

• Can introduce a new generation of members to your credit union
• Gives existing members’ children a lifestage-relevant reason to develop a personal relationship with your credit union
• Streamlined programs that are easy to implement  
• Online tools allow your credit union to monitor your program results
• Features high quality products, service and administration—all backed by the expertise of CUNA Mutual Group
• Adds to your lending program’s revenue stream
• Our long history of leadership in the credit union movement makes us uniquely able to address the needs, challenges, and specialized concerns of institutions like yours