Tuition Assistance Loan

All MITFCU members can take advantage of our Tuition Assistance Loan. The loan helps you borrow money for a course which will be reimbursed by your employer. 

  • Used for employer-approved courses that will receive reimbursement upon completion (Does not include Student Choice Student Loans)
  • Fixed rate even lower than our general purpose personal loans
  • Borrow up to $25,000
  • Repay at time of reimbursement, within 12 months 
  • A co-borrower/guarantor is optional 
  • Member must submit a copy of an employer-approved tuition benefits form upon application 

MIT Federal Credit Union's Tuition Assistance Loans help members achieve educational goals.

  • One of the lowest rates around
  • No collateral needed
  • No processing or service fees
  • Co-borrower/guarantor options helps you to receive financing that you may not have otherwise