As the cost of college and higher education continues to rise, we at Midwest Community Federal Credit Union want to provide you with tools and resources to make your budget work as you pay for higher education for yourself or a loved one. Read more below about financial tools available to you, and be sure to stop in any of our branches to learn more about paying for college and to talk with an expert today. Applying for financial aid…
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Great news – a private student loan like our education line of credit can be used for any items listed in your cost of attendance (learn more about COA below), or other education-related expenses! The amount you are eligible to borrow will be certified by your school, and the funds are sent directly to your college. Some examples of these items include: Personal laptop or computer: this one is obvious, but you can also use your private student loan to…
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Are you planning for college? Getting a college degree is a great investment, but it does come at a significant cost. In addition to tuition, there are a few other expenses you’ll have to plan for. While it may seem daunting, don’t let the cost prevent you from getting a degree. By planning ahead and putting money into an education savings account as soon as you can, you’ll put yourself in a better position to handle your college expenses. Creating…
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As a high school senior, you are likely looking forward to spring break, graduation, and of course college! While your senior year is a time of celebration and making memories, it can also be stressful as you look ahead to your college journey. By now you have applied to your top choice colleges and should be receiving acceptance and financial aid information soon. So what’s next? Reviewing Financial Aid Packages For many students and families, the amount of financial aid…
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