Student Loans

Friends sit outside studying.

A college degree is one of the biggest and most important investments you’ll ever make — so be smart about how you pay for it. Fortunately, UW Credit Union makes it easy with budget-friendly solutions that can help you reach your educational goals while minimizing your loan payments. As a member, you can apply for a new student loan or a student loan refinance with us.

In-School - Variable Rate

Rates as Low as
APR * 12-Year

In-School - Fixed Rate

Rates as Low as
APR * 12-Year

Refinance - Variable Rate

Rates as Low as
APR ** 5-Year

Refinance - Fixed Rate

Rates as Low as
APR ** 5-Year

The UW Credit Union Advantage

We get what’s important to college students as well as graduates — after all, we’ve been serving the University of Wisconsin community and beyond since 1931 and are the official student loan refinance partner of the Wisconsin Alumni Association. As a not-for-profit, member-owned financial institution, we have your best interest at heart. We always recommend you consider your lowest cost options first — for example, a federal direct loan— before applying for a private loan. If federal aid isn’t an option or is insufficient, a Private Student Loan can bridge the gap.

We offer both in-school and post-college Private Student Loans that are affordable, flexible and offer these great perks:

  • No fees or prepayment penalty
  • 0.25% interest rate reduction with automatic payments1
  • Cosigner release option after the first 36 consecutive, on-time payments2
  • Access to student loan experts to help you through the process

Eligibility & Loan Limits


  • Borrow up to $15,000 annually; $50,000 lifetime limit
  • Minimum loan amount of $1,000
  • $10,000 in annual income and sufficient income to support payments
  • Attend any UW campus, Madison College or 4-year, public or private, non-profit school located in the U.S. View a list of schools here
  • You may need a cosigner if you don’t meet income and credit history requirements
  • From start to finish, the application process can take 4 to 6 weeks
  • Must be a UW Credit Union member to apply


  • Borrow $5,000 to $150,000
  • Have at least one student loan, either federal or private
  • Choose from 5-,10- and 15-year terms
  • $25,000 in annual income
  • At least 4 years of credit history, not including student loans
  • You may need a cosigner if you don’t meet credit history requirements
  • From start to finish, the application process typically takes 2 to 4 weeks
  • Must be a UW Credit Union member to apply

Applying for a Student Loan

Before you begin the application process, you’ll need the following:

  • Identification & Contact Information – your Social Security number, driver’s license number, address information, phone number and email
  • Employment Information – your annual salary and employer’s name, address and phone number
  • Cosigner’s Information – if applicable, you’ll need to include your cosigner’s name and email
  • Student Loan Statements – if you’re refinancing existing loans, you’ll need to provide a recent statement for each loan you want to refinance
Young woman sitting cross-legged while using a laptop to apply for a student loan

Already Started or Finished an Application?

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