SOMERVILLE, Mass. CPCU Credit Union is offering a Back to School Loan aimed at assisting parents, young adults and educators with costs associated with a new school year.
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“Nowadays, schools are requiring more and more supplies from students and it can add up, especially when you add in costs for dorm room necessities or school-required uniforms,” the credit union said. “In addition, many teachers are spending out-of-pocket funds to supply their classrooms due to dwindling budgets at schools.”
The Back to School Loan is available in amounts up to $2,000 and in terms of three months to 12 months, allowing the loan to be paid off by the start of the following school year, should another loan be needed.
