Dort FCU Offers Sallie Mae Student Loans
FLINT, Mich. – Dort FCU said it has introduced private student loans through Sallie Mae.
The loan rates begin at 6% and can be lower if a student has good grades. Members can borrow as little as $2,000 and as much as $30,000 per year.
Borrowers also get a 1% interest rate reduction when they repay 10% of their loan. While in school, students can make the interest payment per month, or can choose a deferred option, under which they pay $25 a month.