Now You Can Pay for College the Smart Way

We encourage students and families to supplement their savings by exploring grants, scholarships, and federal and state student loans, and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan. However, for many students, a loan is required to get the education they need.

The Smart Option Student Loan® by Sallie Mae®

With college costs growing fast, it’s time to borrow smarter.

The Smart Option Student Loan offers these benefits:

  • A choice of competitive rates for undergraduate students1
    Competitive, variable interest rates from 2.87% APR to 9.91% APR. We also offer fixed interest rates from 5.74% APR to 11.85% APR.
  • Lower your interest rate2
    Receive a 0.25 percentage point interest rate reduction while enrolled for making scheduled monthly payments by automatic debit.
  • Get the money you need3
    Borrow up to 100% of the school-certified cost of attendance.
  • Choose the repayment option that’s best for you1
    Deferred Repayment Option, Fixed Repayment Option, or Interest Repayment Option.

Applying online is easy—it only takes about 15 minutes to apply and get a credit result.

get started

You’ll choose your repayment option during the application process.

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Annual $1,000 Scholarship

Congratulations to the 2020 Scholarship recipient: James Ivery Jr.

  • Priority Plus FCU awards a $1,000 college scholarship annually.
  • The scholarship topic is announced every January.
  • You must be a member to be awarded the scholarship

Open an account today! Start Saving now and be ready for the January scholarship announcement.

To be awarded a scholarship, a recipient must enroll at an accredited college or university located in the United States.  Applicants must be a member by and be a recent high school graduate (5 years). Scholarships proceeds will be remitted to the winner’s school during the summer before the student attends. The recipient will need to complete a Payment Form that says which school they will be attending, and specifically where at the school to send the award payment.

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Why it’s Important to Save Money

Do you find yourself spending every cent you get and never saving any money? Saving money is important and here’s why:

1. Emergencies. You forgot to put your skateboard away last night and it was stolen. Your parents refuse to buy you a new one because it was your responsibility to bring it in. If you don’’t have any money saved, you’’ll be sitting at home next Saturday when your friends are at the Skate Park.

2. Current Expenses. Need money for new clothes, eating out or movie tickets? If you’’ve set aside some savings, these expenses will be easy to pay for.

3. Future Purchases. Prepare today for future major expenses like buying a car and paying for college.

4. Investing. Before investing in share certificates or mutual funds, you need to make sure you have items 1-3 covered. Once you’ve taken care of the basics, you’’ll be ready to really put your money to work for long term.

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  • I was impressed with the competitive interest rate they offered for my car loan. They beat out the big guys! ... They provide excellent customer service that's very well personalized and professional.

    — Missy White July 7, 2013
  • I knew I made a great decision because the employees were the friendliest and most knowledgeable people I have met. I had nothing but a positive experience with them during my time in Wilmington.

    — Norwood August 29, 2013
  • Wonderful people, helpful and quick to respond. Great online services!

    — Melanie Jianniney December 9, 2016