Student Lending

Leaving home and entering into post-secondary education can be a stressful time. At Radius Credit Union we offer options to make the process as easy as possible and ensure you can focus on your studies instead of your bank account.

Post-Secondary Education Loans

Radius Credit Union offers a student loan to full time students (min. 60% course load) that are attending a recognized post-secondary institution. This is an alternate option to the government student loans. Loans features include:

  • Maximum advance of $10,000 yearly, total loan value of $40,000 over 4 years
  • Principal repayment to begin no later than 6 months after withdrawal as a full time student
  • Interest only payments while student is attending post-secondary institution
  • Variable interest rates
  • no prepayment penalty
  • Loan insurance us available

Computer Purchase Loan

The computer purchase loan is available to post-secondary students to be used only for the purchase of a computer of your choice. Features of the loan include:
  • No down payment required
  • Prime rate lending
  • Maximum 3 year ammortization

MasterCard® for Students

Contact any branch of Radius Credit Union to learn more about credit card options available to students.