DAYTON, Ohio – Wright-Patt CU has committed at least $53 million to private student loans, including for graduate school.
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The private loans are being offered through the Credit Union Student Choice program, which Wright-Patt helped found.
The loans were started in April and have no origination or prepayment fees, 6% interest rate and a maximum borrowing amount of $100,000, as well as repayment options.
Wright-Patt is one of the 12 participants in Ohio Student Choice, which is providing $150 million in student loan capital.
