When Federal aid just isn't enough, we're here to help!

The cost of college continues to rise, forcing many students and families to resort to higher-cost private student loans to fill funding gaps. As a not-for-profit lender, Shrewsbury Federal Credit Union has a unique ability to help members and families by offering our Student Choice private lending solution that features:

  • Zero origination or prepayment fees
  • Lower interest rates
  • Simple one-time online application
  • Deferment of principal and interest while in school
  • Flexible repayment terms including graduated repayment for two years
  • Convenient line of credit structure that lets you apply once and secure financing for your entire college career*
*Subject to qualification and annual credit review.


Congratulations . . . you've graduated!  We're still here with an option to help you repay your student debt.

It is not uncommon to find many students graduating in debt, often from multiple lenders.  We offer a convenient solution to simplify the repayment on private student loans that may be worth exploring.

  • Loan amounts available from $5,000 to $75,000
  • Minimum monthly payment of $50
  • Flexible repayment options up to 15 years
  • Eligible for private and federal student loans
  • Zero origination or prepayment fees

*Subject to employment, income and credit requirements.  

We Made it Easy to Apply!

Apply online or stop by our office for more information.