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The recently enacted Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), eliminates the Federal Family Educational Loan (FFEL) Program on July 1, 2010.

Effective 6/1/2010, we are no longer accepting new applications for student loans through the Federal Family Educational Loan Program. Contact your school’s financial aid office for more information on securing federal student loans.

For questions or service related to an existing Federal Family Educational Loan secured through SEFCU, contact our chosen servicer, Great Lakes at 1-800-236-4300, or at www.mygreatlakes.org.

Click here to view educational products offered by SEFCU. Choose from a student loan or a line of credit. Borrow from $500 to $25,000, and take up to 15 years to repay. There’s even an interest-only option, where you begin repayment of principal only after graduation.

To find out more, contact us at 518-452-8183 or 800-727-3328 or visit a branch. We’ll help you proceed with the right application for your situation.

 
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