Education Loans                               

Helpful Links:

ACMG Lender Code: 832286

Student Services

Calculators

Manage your
student loan account

Steps to get a
Federal Student Loan

Consolidate your Student Loans

 
You have goals & dreams.
Will you have the money?

Make college a reality.  Get your Student Loan from ACMG! 

You know the value of a college education.
Getting a college degree is a worthwhile goal. College graduates make an average of one million dollars more than those without college degrees. But the cost of a college education can be overwhelming for both students and parents. That’s why ACMG Federal Credit Union offers Federal Family Education Loan Program (FFELP) loans. If you or another family member plans to attend a university, technical college, or any specialized training program, ACMG Federal Credit Union can help you with the funding you need to pursue your dreams. Looking for more information? Visit our Home and Family Finance Education page for articles, videos and student loan calculators to help plan your path.

FFELP offers loans for students and parents.

  • Stafford Loans (click to apply online)
    • The subsidized Federal Stafford Loan is based on financial need. The government pays the interest while you are in school.
    • The unsubsidized Federal Stafford Loan is not based on need but family income is a determining factor.  You pay all the interest, although you can have the payments deferred until after graduation.
  • Parent PLUS   and  Grad PLUS Loans (click to apply online)
    • Creditworthy parents of dependent undergraduate students and graduate/professional students can apply for this loan, which is not based on need.

Student Loan Update: Our Board of Directors has voted to waive the 1% origination fee to members using our Stafford Loan Program, effective September 1, 2008!  This means that students that receive a Stafford loan will not have the 1% deducted from the proceeds that are forwarded to the school on their behalf.  Benefits, convenience, and superior member service are why students  keep coming to ACMG to fund their secondary education!

 

Refer to the Student Loan Quick Reference Guide for more details on Stafford and PLUS Loans including:
  • current rates
  • loan limits
  • disbursement process
  • repayment schedules

In addition, you will want to know the Steps to get a Federal Student Loan.

 

 

After graduation, consider consolidating your student loans.
After you graduate, lock into a low fixed rate by consolidating your student loans, even if you only have one. Find out more about Consolidating your Student Loans. 

Manage your account.
You can access your student loan information online by visiting the Great Lakes website. Great Lakes Educational Loan Services, Inc. is the guaranty agency for your student loans. There, you can manage your accounts & contact information, make loan payments, learn more about repayment options and more! 

Manage your finances.
ACMG Federal Credit Union and Great Lakes are committed to helping students learn to manage their finances. The regularly updated Personal Financial Management Resources provides information on anticipating college costs and staying in control of your finances while in school.

Need help?
For more information or help with the student loan process, please call or stop by any convenient branch location & talk with a helpful loan officer today!  Or, simply complete an Online Request Form and an ACMG Representative will contact you shortly.



Plan your future. Visit these Web sites.

www.mapping-your-future.org - Detailed information about career planning, selecting a school, and paying for college.
www.studentaid.ed.gov - Detailed student aid and student loan info from the U.S. Dept of Ed.
www.fastweb.com - Scholarship information.
www.fafsa.ed.gov - Online application for financial aid (FAFSA).
www.pin.ed.gov - Apply for a PIN number to complete online FAFSA.
www.nslds.ed.gov - View the history of the federal student financial aid you have received.
www.finaid.org - Guide to student financial aid and scholarship search services.
www.collegeplan.org - Information on college selection, admissions, financial aid and scholarships.
www.usnews.com/usnews/edu/college/cohome.htm - US News & World Report’s college search and financial aid assistance.
www.princetonreview.com/home.asp - Offers powerful college search tools, useful links, expert advice and guidance from an experienced college panel.