You are eligible if you meet the following criteria:

• Undergraduate or graduate student enrolled at an eligible, 4-year institution in a degree-granting program¹
• You’re at the legal age of majority or at least 17 years of age at the time of application if applying with a cosigner who meets age of majority requirements in the cosigner’s state of residence²
• You’re a U.S. citizen, permanent resident alien or an Eligible Non-Citizen (DACA recipient) applying with an eligible cosigner who is a U.S. citizen or permanent resident alien, or an international student applying with an eligible cosigner who is a U.S. citizen or permanent resident alien

Having a cosigner increases your approval chances.  Plus, a cosigner with good credit and employment histories will typically get a lower interest rate.

A cosigner can be a parent, grandparent, aunt or uncle, guardian, mentor, or friend.  Anyone with good credit who believes in your dream of going to college and wants to help you achieve it.

A federal student loan is made by the federal government and is based on need.  A private student loan is made by a private entity that uses a borrower’s credit history to determine loan terms.

With Union Federal, you can borrow³:

$1,000 minimum loan amount

$99,000 maximum annual loan amount

$180,000 aggregate student loan limit (total amount of student debt allowable)

You can use your private student loan to pay for school-certified expenses which could include tuition, books and supplies, room and board, transportation, and personal expenses while you’re in school.