Compare Loan Options

There are a variety of ways to pay for college. Explore some of the most popular options below to help decide what's right for your family.

UWCU Family Student Loan

Loan Details

UWCU Home Equity Loan or Line of Credit

Loan Details

Federal Direct PLUS Loan

Loan Details

At a Glance

Fixed- or variable-rate loan that a family member borrows on behalf of the student.

Fixed- or variable-rate loan or line of credit where a homeowner borrows from their home equity.

Fixed-rate loan offered by the government to parents and graduate students.

Maximum Term

15 years

15 years

10 years

Minimum Loan Amount




Maximum Loan Amount

$20,000 per school year

Available home equity

Cost of attendance


Family Member or Friend of Student



Cosigner Needed

Sometimes (36-mo. release)



Payment Deferrals



6 months (by request)

Reduced Payments

Up to 2 years interest only (by request for 10- or 15-year terms)

Up to 15 years interest only for lines of credit

Many options

Get Started

Apply Now View Rates

Apply Now View Rates

Learn More

Have Questions or Need Help? 

Ask an Expert Schedule an Appointment

Private Student Loans

See how our student loan options for undergraduate and graduate students compare to family loans.

Compare student loans >


Home Equity Line or Loan?

Explore all the ways to tap into your built-up home equity and find your best way to borrow.

View home equity options >


More Student Resources

Check out helpful financial tips and resources to make the college years a success for students and parents.

Browse the financial guide >