Federal Student Loans & Private Student Loans

Federal Student Loans

Direct Loans are low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education.

  • Borrow directly from the federal government and have a single contact—your loan servicer—for everything related to repayment.
  • Have online access to your Direct Loan account information via your servicer's website.
  • Can choose from several repayment plans that are designed to meet the needs of almost any borrower, and you can switch repayment plans if your needs change.

For more information, visit The William D. Ford Federal Direct Loan Program website.

Private Student Loans

The Casco FCU Smart Option Student Loan® by Sallie Mae®

Now you can pay for college the smart way with 3 great repayment options and competitive interest rates!

The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

  • We offer a choice of competitive fixed and variable interest rates providing even more choice and flexibility.
  • No origination fees and no prepayment penalty.
  • Borrow up to 100% of school certified education costs (minimum $1,000)
  • Multiple in-school repayment options available.
  • Borrower benefits available – like rewards and interest rate reductions
  • Rates that reward creditworthy borrowers.
  • Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate.
  • Get a quick credit result by applying online. It’s quick, easy, and only takes about 15 minutes to apply.
  • 24/7 online account management.

To learn more or to apply, please get started here.

* We are compensated by Sallie Mae for the referral of Smart Option Student Loan customers.