cuScholar Private Student Loan

When federal student loans aren't enough to cover the cost of your education, a cuScholar Private Student Loan can help. With a loan from a non-profit credit union in the cuStudentLoans program, you can borrow up to your Cost of Attendance for both undergraduate and graduate programs.


  • Variable rates as low as 3-Month LIBOR + 2.99%
  • No origination fee
  • 1% interest rate reduction available once 10% of the loan principal is repaid during the full repayment period
  • Cosigner release available for creditworthy borrowers after 24 on-time, consecutive payments

Apply With a Co-signer

While not required, we strongly encourage undergraduate students to apply with a creditworthy co-signer if they may have difficulty qualifying for a loan due to limited income and credit history. This may increase an applicant's chances of approval and of possibly obtaining a better interest rate.


  • No prepayment penalties
  • Fast pre-approval once your completed application is received
  • Use the funds for any qualified educational expense, including past due tuition bills

Loan Terms

  • Borrow up to 100% of your cost of attendance (max. $120,000 for undergraduates, $160,000 for graduate students)
  • Use the funds for any qualified educational expense, including past due tuition bills
  • Loan cancellation available within 30 days of disbursement with no fees or interest due


  • Student must be enrolled in an eligible school and pursuing a degree program
  • Student must be a member or join a participating credit union during the online application process
  • Student must be a U.S. Citizen or permanent resident
  • Creditworthy student borrowers can apply without a cosigner

Private student loans should be used as supplemental funding after exhausting all other sources of financial aid, including grants, scholarships, and federal student loans. Federal loans offer more attractive terms when compared to most other borrowing options, including private student loans. For more information on federal loans, visit