At Members Heritage Credit Union, we understand the importance you place on pursuing your educational dreams. With the rising costs of college, plus the need to fill financial gaps, it’s more important than ever to help our members cover essential educational expenses.
Whether you’re an undergraduate or graduate student, Members Heritage Credit Union can help you reach your higher education goals through our partnership with Sallie Mae®.
The Smart Option Student Loan® for undergraduates offers a number of benefits:
Competitive interest rates
Multiple repayment options
No origination fee or prepayment penalty*
Customized loans for graduate students
Loans for graduate students are designed to meet fees and expenses for specific fields of study. We can help offset costs for students pursing degrees in law, medicine, business administration and more.
Ready to learn more? Start exploring your Student Loan options.
Members Heritage encourages students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
Members Heritage offers other loans to meet your specific needs.
MHCU makes it easy to get the funds you need fast with our flexible, low-interest rate, Signature loan.
Borrow against your savings.
Save money on your car payments, whether it’s with lower interest rates or more favorable terms.
*Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
These loans are made by Sallie Mae Bank or a lender partner. Members Heritage Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Smart Option Student Loan and graduate loan products: These loans are for students at participating degree granting schools. Smart Option Student Loan information is for undergraduates only. Graduate
Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans.
Students who are not U.S. citizens or U.S. permanent residents must reside in the U.S., attend a participating school in the U.S., apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify their identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
©2021 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.
