Buffalo Metropolitan Federal Credit Union

Loans

Private Student Loan

When Federal loans are not enough to cover the cost of your college education a Private Student Loan available through Buffalo Metropolitan can be the answer to your funding needs. Our low cost student loan is designed to meet your education needs; further details.

 

Student Visa Credit Card

There's nothing better than good credit to set yourself up for financial freedom down the road; further details.

 

Credit Union Membership.

You must open a savings account in order to have any other product or service (ex: loan) at Buffalo Metropolitan Federal Credit Union; find out more about Credit Union membership.

 

Stafford Student Loan

The Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872) eliminated the Federal Family Educational Loan (FFEL) Program on July 1, 2010. Private lenders, such as Buffalo Metropolitan, no longer have a role in originating or funding federal Stafford, PLUS, or Consolidation loans. Federal student loans will be issued via the William D. Ford Direct Loan Program. The lender for your federal loans will be the U.S. Department of Education rather than your credit union or other financial institution. Students can contact their school's financial aid office for more information on securing federal student loans.

 

Information on an Existing Student Loan.

For questions related to an existing FFEL Stafford Student Loan secured through Buffalo Metropolitan, contact Great Lakes (our servicer) at 800.236.4300 or access your account information online at mygreatlakes.org.

 

Use a Home Equity to Fund a College Education

Although Buffalo Metropolitan will no longer be funding federal student loans, we would like to continue assisting you in whatever way we can.

If you are a homeowner, you may have sufficient equity in your home to take out a home equity loan or line of credit. A home equity can be a valuable part of your college funding strategy.

A home equity loan and line of credit can be used for any number of purposes, with education financing being one of the most popular. And remember, the interest you pay on a home equity loan or line of credit may be tax deductible (consult your tax advisor regarding the deductibility of interest).

For flexibility, a home equity line of credit allows you to tap into it as needed to pay for tuition as well as other expenses, and only pay interest on the amounts advanced.

Apply for a home equity line-of-credit · Rates for a home equity line-of-credit

NCUA Equal Housing Lender Powered by Intuit
Sprint IIA Talk About Savings