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.  


Visit Our Student Loan Webpage and APPLY TODAY!