Federal loans, grants and financial aid packages don’t always cover all of the cost of higher education. Let SEIU Member Benefits, in partnership with College Ave Student Loans, help you bridge that gap.
The SEIU Undergraduate Loan Program can help undergraduate students pay for college so you and they can focus on learning—with less financial stress.
- A special 0.25% interest rate discount.1
- An additional 0.25% interest rate discount with auto-pay enrollment.2
- Coverage of up to 100% of the school-certified cost of attendance.3
- No origination or application fees, or pre-payment penalties.
- Choice of loan terms of 5, 8, 10, or 15 years.4
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Flexible, competitive private student loans to help pay for expenses financial aid may not fully cover. (For students seeking graduate or professional degrees.)
- A special 0.25% interest rate discount.1
- An additional 0.25% interest rate discount with auto-pay enrollment.2
- Coverage of up to 100% of the school-certified cost of attendance.3
- No origination or application fees, or pre-payment penalties.
- Choice of loan terms of 5, 8, 10, or 15 years.4
- Four repayment option: full principal and interest, interest only, flat payment, and deferred payment.
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The SEIU Parent Loan Program can help a student you care about pay for their degree so they can focus on learning—with less financial stress.
- A special 0.25% interest rate discount.1
- An additional 0.25% interest rate discount with auto-pay enrollment.2
- Coverage of up to 100% of the school-certified cost of attendance.3
- No origination or application fees, or pre-payment penalties.
Learn More1. SEIU members receive a 0.25% interest rate reduction on Undergraduate, Graduate and Parent loans that are opened through the SEIU member benefits portal. The SEIU member discount will be applied to your loan account after the initial disbursement occurs.
2. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.
3. As certified by your school and less any other financial aid you might receive; minimum $1,000.
4. This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 8.35% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $179.18 while in the repayment period, for a total amount of payments of $21,501.54. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
The SEIU Undergraduate Loan Program, the SEIU Graduate Loan Program and the SEIU Parent Loan Program are provided by College Ave Student Loans. College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
