LANCO Federal Credit Union

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Loans


Tuition Reimbursement Loans allow you to borrow the money needed to pay for a course which will be reimbursed by your employer. Principle and interest can be paid at the time of reimbursement, although it must be paid in full within 6 months. No monthly payments are required. Fixed signature loan rates apply.

Prior to applying for a Tuition Reimbursement Loan, a Tuition Reimbursement Loan Authorization form must be completed by the member and their employer.

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Pre-approvals for all loans are available and will be held at the specific rate for 30 days. Loans may be paid by monthly payments or through payroll deductions.

 

 
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