Ways to Finance College

Affordable higher education is a real problem. Finding ways to finance college can be difficult, but the friendly experts at Bellco Federal Credit Union can provide helpful advice and access to financial packages, allowing you to save money and achieve your educational goals. Take your future into your own hands and take advantage of all possible financial remedies.

Bellco Federal Credit Union is owned by its members, not driven by a profit motive. Employees of Bell Telephone Company originally started Bell Telephone Credit Union in 1938, and it has evolved over time to its current status as Bellco FCU.

While we currently don’t offer private student loans, we do provide various sorts of secured and unsecured financing in addition to individualized financial advice. As you plan your package of financial aid to cover the many, various costs of higher learning, explore all options for financing and financial assistance.

Scholarships

Securing scholarships to pay for college costs is the ideal way of financing your education. High school counselors and the financial aid office of your college are excellent sources of information and applications. You can also scour the web for available scholarships. Your particular niche in life – be it academics, athletics, religion, or other interests – is sure to offer some type of scholarship. 

Federal Grants

Take the time to complete the FAFSA. You might be surprised by the federal assistance available to you. You could qualify for a Pell Grant or subsidized Stafford loan, which will be quite beneficial financially in terms of rates and repayment terms.

Federal Loans

The unsubsidized Stafford loan may also be an option. When your family’s financial situation doesn’t merit assistance, you might still qualify; although, you will encounter higher rates with this loan product.

State Grants

The state can also help with college financing. In Pennsylvania, you can find assistance with the State Grant Program for college costs. 

Personal Financing

When these options have been explored and exhausted, it would be time to consider alternative sources of financing educational goals. Bellco FCU provides financial products that could be appropriate – from Home Equity Lines of Credit to Personal Loans. The costs of housing, tuition, books, meals, and incidentals can quickly accumulate. It pays to have multiple sources of funds, and we can help diversify your financing.

Becoming a Bellco FCU Member

Those who live, worship, work, or attend school in Berks County, PA, can become members of Bellco FCU, and immediate family members of credit union members can join as well. With an amount as small as $5, you can open a Member Savings account and complete a few other steps to become a member. Once completed, you’ll be a member for life with full access to all of our services. 

College is expensive, but your education matters. Your future is important enough to do whatever it takes to make it happen. When you’re planning ways to finance college, turn to Bellco FCU. We offer helpful advice, competitive rates, and various financial products. Reach out to our talented team online, by phone, or at one of our local branches for more information!