If you have been searching for lower-cost student loans in Berks County, PA, there are good reasons to choose a credit union over a bank. Bellco Federal Credit Union may be able to help you save thousands of dollars.
Bellco FCU is a member-owned, not-for-profit federal credit union that has been offering unique financial products and services to people and small businesses in Berks County since 1938.
Whether you are looking for student loans, home lending services, credit or debit cards, auto loans, or an excellent savings program, we have a product that will meet your needs.
Funding Your Education
Most college students today find it difficult to balance tuition, fees, housing, and living expenses without substantial financial aid. Bellco’s Student Choice private lending solution can help you fill funding gaps.
Before you consider such a private loan, it’s important to exhaust the other options first:
- Federal Grants and Loans: Whether or not you think you will qualify, complete the Free Application for Federal Student Aid (FAFSA) as early as possible. Federal financial aid is typically given on a first-come first-served basis, so an early application may improve your chances.
- Scholarships: Discuss the availability of scholarships with high school counselors and/or college financial aid offices, and search the Internet for information. There are many types of scholarships, and not all of them require a 4.0 GPA! Check with community organizations you may belong to, such as Boy Scouts, Girl Scouts, 4-H Club, and the Elks National Foundation to find out if they offer any scholarships or grants.
- State Grants: Your state can also be a valuable resource for college funding. The Pennsylvania State Grant Program, for example, is a financial assistance program that provides funding to eligible Pennsylvanians and helps them afford the costs of higher education.
- Federal Loans: After filing the FAFSA form, be sure to check into the unsubsidized Stafford Loan. This federal loan is available to any qualified student without regard to their economic need, but the student is responsible for paying all interest.
Consider all of these options before applying for alternative loans, such as Bellco’s Student Choice loan.
About the Student Choice Loan
Bellco FCU and non-profit credit unions across the nation partner with Student Choice to offer members a fair-value education financing solution with your best interests in mind.
Rates, approval and underwriting are provided by Bellco FCU, and your loan is issued through a line of credit (maximum of $50,000) that can be utilized throughout your academic career at eligible colleges and universities. In Berks County, those schools include Albright College, Alvernia College, Kutztown University and Penn State.
How to Join Bellco FCU
Bellco FCU offers membership to people who live, work, worship, or attend school in Berks County, including immediate family members such as your spouse, children, siblings and parents.
By opening a primary Member Savings account with as little as $5 and following a few simple steps, you can become a member. And, once you join Bellco FCU, you may remain a member for life, even if you live or work outside Berks County.
Consider Bellco FCU in Berks County, PA for student loans when you have exhausted your other options. You’ll love the personalized service, better rates, and the ability to save hundreds of dollars on fees. Contact us today to learn more!