SPONSORED: Mountain America Credit Union Can Help You Pay for College


Of course, costs don’t end with tuition and fees. There’s also room and board, plus a host of miscellaneous costs that will add to the total yearly amount. The College Board website has a variety of tools and calculators to help develop a personal cost estimate of the college a student plans to attend. Go to www.collegeboard.org for more information. 

Financing Education

Mountain America Credit Union offers loans that will help student finance their education. With many lenders leaving the student loan industry, we have continued offering our private student loans because we believe it is valuable for our members to have the ability to further their education.

In fact, in 2007 Mountain America was the first credit union in Utah to offer private student loans to students who didn’t qualify for traditional college financing. The number of schools where Mountain America members use our student loans has brown to over 300 schools throughout Utah, Arizona, New Mexico, Nevada, and Idaho. 

Education Line of Credit

Our Education Line of Credit is a great solution for those students who need financing to fill the gap that may remain after they reach their maximum federal loan limits. It is also helpful for those who are attending a trade school such as cosmetology, aesthetics, massage therapy, and other nontraditional schools or for schools that do not offer federal loans.  

Decisions Made in 25 Hours

The Education Line of Credit offers a competitive variable interest rate with low monthly, interest-only payments while the student is in school.  There are no origination fees or prepayment penalties to worry about. To apply, students can simply go to their closest Mountain America branch, call our service center at 1-800-748-4302 (option 2) or go to www.macu.com. Students will receive an answer within 24 hours, and the typical processing turnaround time for funding is 7 business days from start to finish. 

Education Repayment Loan

Six months after either graduation or withdrawing from school, the Education Line of Credit converts to an Education Repayment Loan, with low, monthly payments and a competitive fixed-interest rate. It offers a repayment plan of 12 months per $1,000, with a maximum of up to 10 years to repay so payments stay low. The Education Repayment Loan is also a great way for students with previously accrued, private student loan debt to consolidate their non-federal loans into one loan payment.

Our Mission

Mountain America strives to be a leader in the student loan industry so we can provide students and schools with a quality product and with excellent personal service. Our mission is to continue to help students finance their education so they can achieve their dreams. 

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