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Apply for a Private Student Loan
Frequently Asked Questions
Do I need a cosigner?
A cosigner may be necessary, for example:
- If you have less than 2 years of credit history; or
- If your annual income is less than $10,000
Can I apply if I don't have a Social Security number?
Both the student and the cosigner must have a Social Security number to apply.
Who is Cology?
Cology is a business partner that processes our Private Loan program for us. When you submit an application, mail in documentation, or call with questions, you will be working directly with Cology.
* Students attending any UW system school, MATC or Edgewood College are eligible for membership at UW Credit Union. Membership is required when taking a loan out with us. If you are not currently a member of UW Credit Union, we will contact you to establish membership. Establishing membership is easy and includes opening a membership savings account. If you do not complete the membership application, we will create your membership savings account for you.