A higher education degree of any level can be incredibly valuable, boosting both your quality of life and your earning power. However, if you come from abroad, you may not qualify for federal funding. In that case, our loan may be the perfect option for you. Borrow up to $15,000 for educational expenses, and enjoy generous repayment options. If you’re concerned about your qualifications or credit history, you also have the option of applying with a cosigner.
Loans up to $15,000
Affordable variable rate
A variety of repayment programs, with terms payable up to 4 years1
No application or prepayment penalty fees
Apply with a credit-worthy cosigner to increase approval chances
*APR means annual percentage rate. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, your rate will be within this range, and/or you might be approved for a smaller loan than you requested; your loan might also be denied.
Fixed rate limited time offer loans.
Personal Loans
Type of Loan
APR*
Term
Loan amount
Signature
8.25% - 18.00%
Up to 6 years
Up to $35,000
Deposit Secured (Shares and Share Certificates)
2.5% above the rate paid on deposit pledge
Up to 10 years
Available balance on deposit pledge
Post-Secondary
Education Loan
6.25% - 8.25%
Up to 4 years
Up to $15,000
* APR means annual percentage rate. Rates are current as of November 1, 2018. This is a variable rate and subject to change any time. If the rate goes up, it might affect the amount of your monthly payment. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, your rate will be within this range. You might be approved for a smaller loan than you requested; your loan might also be denied
OAS, IICA & Other SEGs
Type
APR*
Terms
Loan Amount
OAS Retirement & Pension Plan
7.25%
Up to 15 years
Up to $65,000
IICA Recognition of Years of Service
9.25%
Up to 15 years
Up to 100% of accrued benefit
OAS Benefits
9.25%
Uo to 10 years
Up to $10,000
* APR means annual percentage rate. Rates are current as of November 1, 2018. These OAS FCU loan rates are variable and subject to change without notice; an increase in rate might affect your payment amount. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
Credit Cards
Type
APR*
Credit Limit
VISA Platinum
10.99% - 15.99%
Up to $30,000
VISA Classic
8.99% - 17.99%
Up to $10,000
Balance Transfer(1)
2.25%
Up to available credit
* APR means annual percentage rate. Rates are current as of November 1, 2018. These OAS FCU loan rates are variable and subject to change without notice. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller line of credit than you requested; your application might also be denied.
(1) The promotional APR is available for the first 12 months after the balance transfer. Any remaining balance remaining after that time will incur the standard rate of your card at that time.
FAQs
Yes, this loan qualifies for our Skip-a-Payment program.
With Skip-a-Payment you have the ability to skip up to two (non-consecutive) monthly credit union loan payments each year, whenever it's most convenient for you.
To enroll, complete the Skip-a-Pay form, indicating the month you would like to skip your payment, and return it to the Credit Union at least five days before your payment is due.
Yes, you need to be enrolled in a degree in order to apply for this loan.
A cashier’s check will be issued and mailed to the school directly.
Fees
Loan Fees
Processing vehicle titles
$50 + DMV cost
Skip-a-Payment
$5 each loan
Single debit origination to pay for a loan
No charge
Recurrent monthly debit origination to pay for loan
No charge
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