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Benefit from these features—with any loan used for undergraduate or graduate school expenses

No origination fees

No origination fee or prepayment penalty

Rate discounts

Qualify for discounts with on-time payments and auto debit

Multiple repayment options

Choose the repayment option that’s best for you

Rate discounts: Receive a 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments. Plus, get an additional 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit.

Undergraduate student loan


USC Credit Union Collegiate Choice® Student Loan for Undergraduate Students

For bachelor's and associate's degrees or a certificate at a degree-granting school

Apply for this loan

Variable or fixed interest rate
Variable rates:
1.25% APR – 11.35% APR
Fixed rates: 4.25% APR – 12.59% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Cosigner release available: Apply to release your cosigner from the loan after you graduate, make 12 on-time principal and interest payments, and meet certain credit requirements.

Get an exclusive Chegg benefit: Pick the only undergraduate student loan that offers 4 months of free Chegg® study help—a $100 value.

Available to students enrolled full-time, half-time, and less than half-time

Loan term: 5 – 15 years of principal and interest payments.

Questions? Contact us at 844-248-2840

Parent Loan


USC Credit Union Parent Choice Student Loan

For parents or other creditworthy individuals who want to take responsibility for financing their student's undergraduate, graduate, or certificate education at a degree-granting school

Apply for this loan

Variable or fixed interest rate
Variable rates:
3.50% APR – 13.12% APR
Fixed rates: 5.49% APR – 13.87% APR
Lowest rates shown include the auto debit discount

2 repayment options

  • Interest repayment
  • Principal and interest repayment

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Get an exclusive Chegg benefit: Pick the only undergraduate student loan that offers your student 4 months of free Chegg® study help—a $100 value.

Loan term: 10 years of principal and interest payments.

Questions? Contact us at 844-248-2840

Loans for graduate students


USC Credit Union Graduate Choice MBA Student Loan

Pay for your business school expenses as you pursue your Masters of Business Administration degree

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.76% APR
Fixed rates: 4.75% APR – 12.11% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 15-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Graduate Choice M.D. Student Loan

Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.60% APR
Fixed rates: 4.75% APR – 11.97% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 20-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Graduate Choice Dentistry Loan

Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.61% APR
Fixed rates: 4.75% APR – 11.98% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 20-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Health Professional Student Loan

Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health degrees

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.76% APR
Fixed rates: 4.75% APR – 12.11% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 15-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Graduate Choice Law School Loan

Pay for your school and associated expenses as you study for your law degree

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.61% APR
Fixed rates: 4.75% APR – 11.98% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 15-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Graduate Choice Student Loan

Pay for your school and associated expenses as you pursue your master's or doctoral degree

Apply for this loan

Variable or fixed interest rate
Variable rates: 2.25% APR – 11.76% APR
Fixed rates: 4.75% APR – 12.11% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Defer payments until after you graduate
  • Pay monthly interest while in school
  • Pay $25 per month while in school

Borrow from $1,000 up to 100% of school-certified expenses

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Loan term: 15-year repayment term of principal and interest payments.

Questions? Contact us at 844-248-2840

USC Credit Union Graduate Choice Bar Study Loan

For expenses associated with fees and living costs as you study for the bar exam

Apply for this loan

Variable rates: 3.02% APR – 9.96% APR
Fixed rates: 5.75% APR – 12.68% APR
Lowest rates shown include the auto debit discount

Borrow from $1,000 up to $15,000

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Bar Study Loans are intended to cover expenses not included in your school's cost of attendance.

This information is for borrowers who are enrolled at least half-time in their final year of study at a participating ABA-accredited law school located in the U.S., or have graduated from one within the last 12 months. Borrowers should be sitting for the bar exam no later than 12 months after graduation. Borrowers can be U.S. citizens or U.S. permanent residents or Non-U.S. citizens who reside in the U.S. and apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Questions? Contact us at 844-248-2840

USC Credit Union Medical Residency/Relocation Loan

For expenses associated with taking board examinations, travel for interviews, and moving for your medical residency

Apply for this loan

Variable rates: 3.03% APR – 9.62% APR
Fixed rates: 6.52% APR – 12.00% APR
Lowest rates shown include the auto debit discount

Borrow from $1,000 up to $30,000

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.

This information is for borrowers who are pursuing or have received a M.D., D.O., D.P.M., D.V.M., or V.M.D. degree. Borrowers must be enrolled at least half time in their final year of study at a participating allopathic, osteopathic, podiatric, or veterinary medicine school, or have graduated from one within the past 12 months. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Questions? Contact us at 844-248-2840

USC Credit Union Dental Residency/Relocation Loan

For expenses associated with taking board examinations, travel for interviews, and moving for your dental residency

Apply for this loan

Variable rates: 3.03% APR – 9.62% APR
Fixed rates: 6.52% APR – 12.00% APR
Lowest rates shown include the auto debit discount

Borrow from $1,000 up to $30,000

Get more details VSee less ^

Rate discounts: Get a 0.25 percentage point interest rate reduction for enrolling in and making monthly payments by automatic debit. Plus, receive an additional 0.25 percentage point interest rate reduction after making your first 12 on-time principal and interest payments.

Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.

This information is for borrowers who are pursuing or have received a D.D.S., or D.M.D. degree. Borrowers must be enrolled at least half time in their final year of study at a participating dental school, or have graduated from one within the past 12 months. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Questions? Contact us at 844-248-2840

Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

USC Credit Union Collegiate Choice Student Loan for undergraduate students and USC Credit Union loans for graduate school expenses: This information is for students attending participating degree-granting schools. USC Credit Union Collegiate Choice Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Parent Loan: This loan must be used to pay for eligible student expenses at participating degree-granting schools. The student cannot be a borrower or cosigner and is not responsible for repaying the loan. The borrower, cosigner, and student must be U.S. citizens or U.S. permanent residents. If the school issues a refund directly to the student, the borrower and cosigner (if applicable) are still responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

USC Credit Union members can earn a 0.25 percentage point interest rate reduction by making their first 12 on-time principal and interest payments or paying ahead an amount equal to the first 12 on-time principal and interest payments. Although you may still earn the benefit if you pay ahead the required amount, the benefit will not be activated until after the 12th principal and interest payment would have been due. Any period in which your loan is in a forbearance, deferment, or Graduated Repayment Period will not count towards satisfying the on-time principal and interest payment requirement.

Borrower or cosigner must enroll in auto debit through USC Credit Union's servicer, Sallie Mae, to receive a 0.25 percentage point interest rate reduction benefit. This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month and may be suspended during periods of forbearance or deferment, if available for the loan.

Interest is charged throughout the life of the loan—beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. USC Credit Union Collegiate Choice Student Loan APRs assume a freshman borrower with no other Sallie Mae serviced loans. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.

Loan amount cannot exceed the cost of attendance less financial aid received as certified by the school. USC Credit Union reserves the right to approve a lower loan amount than the school-certified amount.

Only the borrower may apply for cosigner release. Borrowers who meet the age of majority in their state may apply for cosigner release by providing proof of graduation (or completion of certification program), income, and U.S. citizenship or permanent residency (if your status has changed since you applied). In the last 12 months, the borrower must be current on all Sallie Mae-serviced loans (including no hardship forbearances or modified repayment programs) and have paid ahead or made 12 on-time principal and interest payments on each loan requested for release. When the cosigner release application is processed, the borrower must demonstrate the ability to assume full responsibility of the loan(s) individually and pass a credit review that demonstrates a satisfactory credit history including but not limited to no: bankruptcy, foreclosure, student loan(s) in default, or 90-day delinquencies in the last 24 months. Requirements are subject to change.

This promotional benefit is provided at no cost to borrowers with new loans that first disburse prior to April 30, 2021. Borrowers who reside in, attend school in, or borrow for a student attending school in Maine are not eligible for this benefit. Chegg Tutors offers One Free session of up to 60 minutes. A session will be considered redeemed if it has a minimum duration of thirty (30) minutes. Any minutes not used within the same session will expire upon conclusion of the session. No cash value. Terms and Conditions apply. Please visit chegg.com/studystarter/termsandconditions for complete details. This offer expires one year after issuance.

This repayment example is based on a typical USC Credit Union Collegiate Choice Student Loan made to a freshman borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 6.99% variable APR. It works out to 51 payments of $25.00, 119 payments of $137.53 and one payment of $113.12, for a Total Loan Cost of $17,754.19. Variable rates may increase over the life of the loan.

APRs for the Principal and Interest Repayment Option may be higher than APRs for the Interest Repayment Option. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. APRs assume a $10,000 loan to a person borrowing for a freshman student.

This repayment example is based on a typical Parent Loan made to a borrower (on behalf of a freshman student) who chooses a variable rate and the Principal and Interest Repayment Option for a $10,000 loan, with two disbursements, and a 13.12% variable APR. It works out to 4 payments of $75.43, 115 payments of $152.13 and one payment of $79.85, for a Total Loan Cost of $17,876.52. Variable rates may increase over the life of the loan.

This repayment example is based on a typical MBA Loan made to a first-year graduate MBA borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.61% variable APR. It works out to 27 payments of $25.00, 179 payments of $141.23 and one payment of $25.40, for a Total Loan Cost of $25,980.57. Variable rates may increase over the life of the loan.

This repayment example is based on a typical Medical School Loan made to a first-year graduate medical borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 10.61% variable APR. It works out to 81 payments of $25.00, 238 payments of $173.02 and one payment of $94.95, for a Total Loan Cost of $43,298.71. Variable rates may increase over the life of the loan.

This repayment example is based on a typical Dental School Loan made to a first-year graduate dental borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.09% variable APR. It works out to 57 payments of $25.00, 238 payments of $153.63 and one payment of $85.19, for a Total Loan Cost of $38,074.13. Variable rates may increase over the life of the loan.

This repayment example is based on a typical Graduate School Loan for Health Professions made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.61% variable APR. It works out to 27 payments of $25.00, 179 payments of $141.23 and one payment of $25.40, for a Total Loan Cost of $25,980.57. Variable rates may increase over the life of the loan.

This repayment example is based on a typical Law School Loan made to a first-year graduate law borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.32% variable APR. It works out to 42 payments of $25.00, 179 payments of $154.40 and one payment of $58.62, for a Total Loan Cost of $28,746.22. Variable rates may increase over the life of the loan.

This repayment example is based on a typical Graduate School Loan made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.61% variable APR. It works out to 27 payments of $25.00, 179 payments of $141.23 and one payment of $25.40, for a Total Loan Cost of $25,980.57. Variable rates may increase over the life of the loan.

Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the 9-month grace period, and ending when the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $15,000 loan disbursed at the time of the student's graduation from school.

Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.

USC CREDIT UNION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

USC Credit Union Loans are funded by USC Credit Union.

Information advertised valid as of 12/28/2020.