DCU - Members' Monthly

A Better Way to Pay for College
DCU Student Lending Options

Why use student lending from DCU?
In recent years, the number of major providers of private student loans has declined. DCU is stepping in to fill the void and help college students and their families cover what federal programs don't.

What's the credit union difference?
DCU exists for a single purpose – to serve our members. As a not-for-profit financial cooperative, our credit union can offer better rates and lower fees than our competitors. Visit dcu.org to find out how easy it is to join. You can even apply for your student loan at the same time.

Benefits of DCU's Student Lending Options* include:

Helps fill the gap federal funding can leave behind.
Zero origination fees.
Lower rates than many other lenders.
Allows for fully deferred payment while in school (optional).
Gives the student a full line of credit (LOC), which can be used over multiple years.
The chance to reduce your interest rate by 0.25% during full repayment when you enroll in automatic payment.
Gives you a lender relationship you can trust.

Who is eligible?
Students enrolled at least half-time in a degree-granting program, with a qualified co-borrower. If you are not already a member of the credit union, you will need to be eligible for membership. Visit dcu.org for more details on eligibility.

How much can I borrow?
Once approved, students can borrow anywhere from $1,000 up to $30,000 per year based on the cost of attendance. The aggregate maximum (total amount you can borrow throughout your college career) is $75,000.

How quickly are the funds disbursed?
Funds will be disbursed directly to the school, at the time the school specifies. The requested funds date varies from school to school.

How to Apply
Visit our web site at dcu.org and apply online, or call 800.324.1589 to discuss your specific situation with a Member Service Representative. Our Student Loan Call Center is open 24 hours a day, seven days a week.

*	Powered by Credit Union Student Choice.

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DCU Information Center
508.263.6700 or 800.328.8797

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800.328.8797, ext. 6077

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800.328.8797, ext. 6978

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888.832.8929

Digital Federal Credit Union
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797 • dcu.org • dcu@dcu.org
TTY 800.395.5146 (For hearing impaired only)

Have you had a good experience with DCU that you want to share with others? Send us an email at dcu@dcu.org or mail it to:

DCU
Attn: Marketing Dept.
PO Box 9130
Marlborough, MA 01752-9130

For direct deposit: routing and transit
# ABA 211391825
Editor: James Paquette
To apply for a Home Equity Loan, Consumer Loan, or Mortgage anytime, call 508.263.6700 or 800.328.8797 (select 3) or visit dcu.org. For a complete listing of DCU's rates, visit our web site at dcu.org or stop by your nearest DCU branch.