Graduate Loans

Need a private student loan to fill educational funding gaps?

Borrow from KCT Credit Union to achieve your higher education without the higher costs. With great rates and fewer fees, you could save more through KCT Credit Union.

Who is eligible for a Graduate Student Loan?

Graduate students who are:

  • U.S. citizens or permanent residents
  • Continually enrolled in a degree-granting program and meeting the school's minimum Satisfactory Academic Progress (SAP) criteria. Must be enrolled at least half-time for each school term. 
  • Your school is on the list of approved schools
  • Able to pass a credit check (a cosigner may be necessary in order for you to meet criteria and may also help you qualify for a lower rate)
  • Eligible for credit union membership (you may apply without being a member of the credit union, but you will need to become a member in order for the loan to be funded).

Benefits of KCT's Student Choice private lending solution:

  • Unique line of credit structure so you can borrow once for your full graduate career*
  • Fixed and variable interest rate options
  • Flexible repayment and in-school deferment options
  • Easy online application and instant credit decision
  • Convenient line-of-credit that helps you get funding for your entire graduate career*

Frequently Asked Questions

How does the Line of Credit Work?
You can borrow up to the full cost of the remainder of your education. You will not need to reapply each year (assuming there are no significant changes to the borrower or co-borrower credit scored). Each year, you'll simply request additional funds (called a "draw") for the amount you wish to have disbursed to your school (based on your school's certified amount - read more about that here)

How much can I borrow?
The minimum is $1,000 per year. The maximum amount will be the certified need determined by your school, up to a maximum amount set by KCT for the remainder of the graduate's education. The certified need is typically the Cost of Attendance (COA) less other financial assistance and aid received. IMPORTANT: Please note that the maximum co-borrower aggregate amount for borrowing is $80,000.


*Subject to credit qualification and annual credit review.


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