Student Loans

Invest in Your Future

Get the money you need to help make higher education happen. Student loans from Ripco Credit Union in partnership with ISL Education Lending can help!

They offer private loans to help you pay for college as well as refinance existing student loans. ISL Education Lending is a non-profit organization with decades of student loan experience offering lower-priced loans.*

ISL Education Lending offers:
•    Loans for college students.
•    A loan option for parents and family members who wish to borrow on behalf of a college student.
•    Multiple student loan refinance options.

Student Loans

ISL's suite of Partnership Loans were created to help undergraduate and graduate students pay for college. These loans are taken out in the student’s name.

Co-signers are often needed for the national Partnership Advance Education Loan®. With this loan, students choose the option that is best for their financial situation.

• Variable or fixed interest rate
• When to begin repayment

Borrowers and co-signers can benefit during repayment with:

• An interest rate reduction.
• The opportunity to release co-signers from their obligation.

Parent or Family Loan

ISL's fixed-rate College Family Loan® is a national loan for parents, family members and others to borrow on behalf of a college student.

In addition:

• Nearly all the College Family Loan annual percentage rates are lower than what ISL calculates for the federal parent PLUS loan rate. 
• The borrower chooses when to begin repayment when applying.
• Borrowers can take advantage of an interest rate reduction by making principal and interest payments automatically.

Please be aware that, for this loan, the student is neither the borrower nor co-signer, but loan proceeds are sent to the college for the benefit of the student.

Refinance Loans

ISL's fixed-rate Reset Refinance Loan® is an option for borrowers with current student loan debt who are looking for:

• A lower rate, which can mean paying less in total interest.
• Lower monthly payments, which can help if budgets are tight.
• The option to make one payment to one lender for easier repayment.

ISL has a number of options for these refinance loans based on the borrower’s situation. But all options allow borrowers to refinance one loan or combine multiple loans, including federal loans (for student or parent borrowers), private education loans and previously refinanced or consolidated education loans, into one new private loan.

In addition

They offer multiple scholarship opportunities and free college planning tools to help students and families avoid over-borrowing and plan smart for life during and after college.

Learn more about ISL Education Lending’s offerings by visiting their website.

ISL Education Lending's Website

Please note

All loans offered by ISL Education Lending are subject to credit approval. Before applying for a private loan, we encourage you to first complete the FAFSA, or Free Application for Federal Student Aid. You should also work with your college financial aid office to explore and exhaust all sources of student financial aid before seeking a private student loan.