LEAVING FWCCU.ORG
Student Loans
Need Money for College?
At Fort Worth City Credit Union, we know financing college tuition can be both stressful and challenging. With rising costs of tuition, students and parents are discovering that Federal aid is falling short, leaving them unable to cover the full cost of tuition. As a not-for-profit lender, Fort Worth City Credit Union has a unique ability to help members and families by offering private lending solutions to fit every need:
Texas Extra Credit Education Loan
Continuing your education is more important than ever, and so is making smart financial decisions when it comes to paying for that education, which is why we offer the Texas Extra Credit Education Loan through our partner, Higher Education Servicing Corp. Texas Extra Credit is a private student loan developed specifically to help Texas residents pay for college when scholarships, grants and federal aid just aren’t enough to cover the full cost of attendance (see Important Notice below).
Learn more about Texas Extra Credit’s program features, valuable borrower benefits, and repayment options below:
Program Features
Complete your loan application online in as little as 15 minutes - initial credit decisions are typically made within minutes [1]
Fixed interest rates ranging from 2.74% APR (with Auto Pay Discount [5] ) to 6.89% APR [2]
Borrow from $1,000 to $65,000 annually - loans can even be used for past due balances [3] (loans are certified by the school and may not exceed full cost of education minus other financial aid)
Maximum aggregate loan limit is $150,000, inclusive of all student loan debt
Satisfactory Academic Progress (SAP) not required
No application or origination fees
Benefits
0.25% interest rate reduction just for graduating [4]
0.25% interest rate reduction for auto-debit payments [5]
Cosigner release after the first 24 consecutive on-time monthly loan payments [6]
Death Forgiveness [7]
Total and Permanent Disability Forgiveness [8]
Repayment
Choose from our three repayment options: immediate, interest-only or fully deferred repayment [5]
Choice of 5, 10, or 15 - year repayment terms
Eligibility
Student borrower must be enrolled at least half time in a degree-granting program (as certified by the school) at an approved school
Student borrower and cosigner (if applicable) must be permanent residents of Texas
The applicant applying as creditworthy (i.e. the cosigner or the student applying without a cosigner) must provide proof of current income
Student borrower and cosigner (if applicable) must be United States citizens/nationals or lawful permanent resident aliens of the United States
Start Your Application Today
Completing the online loan application takes as little as 15 minutes. And, the application makes it easy to invite a co-signer to the process, mix and match loan options, and compare loan scenarios instantly, - so you can select a loan that's right for you. Don’t worry, if you don't have all of the necessary information to complete your application, we'll safely and securely save it for you.
What You'll need to Apply
Bio/Demographic Information
Employment History
Financial Information
Reference
IMPORTANT NOTICE: We highly recommend students apply for and utilize all federal student aid programs through the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov prior to applying for any private student loan. If you decide to apply for a private loan it is best to apply with a creditworthy cosigner as most student applicants do not meet the credit criteria. Having a cosigner may also help secure a lower interest rate.
Have Questions? We Have Answers! Check out the Privacy Policy or a list of FAQs for more information about the Texas Extra Credit Education Loan.
Texas Extra Credit:
Business Hours: M-F 8am - 5pm CST
Phone: 1-877-817-9158
info@hescloans.com
Texas Extra Credit Parent Loan
If you’re a parent, family member or other creditworthy individual interested in paying for a student’s higher education expenses, a Texas Extra Credit Parent Loan may be the answer you’ve been looking for! With competitive fixed interest rates, a variety of repayment terms and options and valuable borrower benefits, the Texas Extra Credit Parent Loan is a great, low-cost loan option to help a student achieve their higher education dreams without breaking the bank.
Learn more about Texas Extra Credit’s Parent Loan program features, benefits and repayment options below.
Program Features
Repayment of the loan is the sole responsibility of the borrower; the student holds no responsibility to the loan
Initial credit decision is typically made within minutes [1]
Competitive Fixed APR’s ranging from 2.74% APR (with Auto Pay Discount [5] ) to 6.89% APR [2]
Borrow from $1,000 to $65,000 annually. Loans can even be used for past due balances [3] (loans are certified by the school and may not exceed full cost of education minus other financial aid)
Maximum aggregate loan limit is $150,000, inclusive of all education loan debt
Satisfactory Academic Progress (SAP) not required
No application or origination fees
Benefits
0.25% interest rate reduction for auto-debit payments [5]
Death Forgiveness for student beneficiary [4]
Discharge for Total and Permanent Disability [6]
Repayment
Choose from our three repayment options: immediate, interest-only or fully deferred repayment
Choice of 5, 10, or 15 - year repayment terms
Eligibility
Student borrower must be enrolled at least half time in a degree-granting program (as certified by the school) at an approved school
Student borrower and cosigner (if applicable) must be permanent residents of Texas
The borrower must be at least eighteen years old at the time of the loan application
The borrower must meet certain income requirements and must submit verification of current income
The borrower must be a United States citizen/national or lawful permanent resident alien of the United States
What You'll need to Apply
Bio/Demographic Information
Employment History
Financial Information
Student Beneficiary’s Bio/Demo Information
Student Beneficiary’s School Information
Reference
Important Notice
We highly recommend students apply for and utilize all federal student aid programs through the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov prior to applying for any private education loan.
Questions? We have answers! Check out the Privacy Policy or a list of FAQs for more information about the Texas Extra Credit Parent Loan.
Texas Extra Credit:
Business Hours: M-F 8am - 5pm CST
Phone: 1-877-817-9158
info@hescloans.com
Student Choice Tuition Loan
Student Choice is a private lending solution that features:
Zero origination or prepayment fees
Low interest rates
Simple one-time online application
Deferment of principal and interest while in school
Flexible repayment terms including graduated repayment for two years
Convenient line of credit structure that lets you apply once and secure financing for your entire college career*
School must be on approved list of eligible undergraduate schools
For more information or to apply online, visit our Student Choice Website
For information regarding your existing Student Choice Education Loans click the link below.
*Subject to qualification and annual credit review. Student must also meet the school’s Satisfactory Academic Progress (SAP) requirements. Student Choice Loans are provided in partnership with Chevron Federal Credit Union. Members will be required to join Chevron FCU in order to obtain a Student Choice private education line-of-credit.