LANCO Federal Credit Union The Educated Choice

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Loans

Tuition Reimbursement

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.

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

Fixed Signature Loan rates apply. Maximum loan amount is $5000.00. Click here to view current loan rates.

 

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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.

 

 
LANCO Federal Credit Union