Student Loans

Student Loans

When Federal aid just isn’t enough, we’re here to help!

The cost of college continues to rise, forcing many students and families to resort to higher-cost private student loans to fill funding gaps. As a not-for-profit lender, Olean Area Federal Credit Union has a unique ability to help members and families by offering our Student Choice private lending solution that features:
• Zero origination or prepayment fees
• Lower interest rates
• Simple one-time online application
• Deferment of principal and interest while in school
• Flexible repayment terms including graduated repayment for two years
• Convenient line of credit structure that lets you apply once and secure financing for your entire college career*

*Subject to qualification and annual credit review.

Student Loan Portal 

**Attention Borrowers: In order to provide an improved member experience, the loan servicing platform provided by the servicer of your student loan account, University Accounting Service, is currently being upgraded. While accounts are being transitioned to the new system, the website will be unavailable for several days. We anticipate the website will be accessible on or after November 7th, 2020. Once the process is complete, you will receive an email invitation from University Accounting Service informing you of how to access the new website.

If you have an automatic payment scheduled, please know that it will continue without interruption. If the payment is scheduled to occur during the blackout period, the payment will not be pulled until the new platform is fully live. Payments will then be posted as of the original scheduled payment date.

For additional questions or concerns, you may contact University Accounting Service at 877-530-9782. We apologize for any inconvenience this may cause and thank you for your patience.