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Planning for College: How MECU Can Help You Save and Finance Higher Education

Planning for College: How MECU Can Help You Save and Finance Higher Education | MECU | Jackson, MS Credit Union | Pearl, MS Credit Union | Byram, MS Credit Union

Are you or your loved ones preparing for college? Higher education is an important investment in your future, and at Members Exchange Credit Union (MECU), we understand the financial challenges that come with it. That’s why we offer a range of solutions to help you save for college and finance your education. In this blog post, we’ll explore how MECU can assist you in planning for college and achieving your academic goals.

Saving for College: Start Early with MECU

One of the key aspects of planning for college is saving money. MECU offers various savings options which can help you set aside funds specifically for college expenses. By starting early and contributing regularly, you can build a substantial college savings account over time. Our savings accounts come with competitive interest rates, ensuring that your money grows while you focus on your studies.

MECU Student Loans: Flexible Financing Options

If you’re in need of financial assistance to cover your college expenses, MECU provides student loans in collaboration with Members Exchange by Sallie Mae®. Whether you’re an undergraduate or graduate student, our flexible loans are designed to meet your specific needs. With competitive variable and fixed interest rates, no origination fees or prepayment penalties, and multiple repayment options, we strive to make the financing process as convenient and affordable as possible. Visit our Student Loans page to learn more about the different loan options available.

  • Smart Option Student Loan® for Undergraduate Students: Pay for your bachelor’s, associate’s, or certificate expenses at a degree-granting school.
  • Graduate School Loan: Finance your master’s and doctoral degrees.
  • MBA Loan: Cover your business school expenses as you pursue your Master of Business Administration degree.
  • Medical School Loan: Support your medical degree expenses in various fields of medicine.
  • Dental School Loan: Finance your dental degree expenses in different specializations.
  • Graduate School Loan for Health Professions: Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health programs.
  • Law School Loan: Cover your school and associated expenses as you study for your law degree.

Back-To-School Loans: Personal Loans Covering Your Education-related Expenses

As the back-to-school season approaches, we understand that there are additional expenses to consider, such as books, supplies, and clothing. MECU offers Personal Loans which can help you cover your back-to-school costs and ensure that you can fully focus on your studies. These loans are easy to apply for online and offer lower interest rates compared to traditional bank loans. By obtaining a back-to-school loan from MECU, you can have the peace of mind knowing that your expenses are covered.

  • Why You Should Apply for a Personal Back-To-School Loan: Discover the benefits of a back-to-school loan and why it can be a smart financial option.
  • Average Personal Back-to-School Loan Interest Rate: Learn about the average interest rates and how they compare to MECU’s competitive rates.
  • How Much Can I Borrow on My Personal Back-to-School Loan?: Understand the borrowing limits and repayment terms associated with personal loans.

To explore the full range of options available for financing your education, visit our Back-to-School Loan page.

Empowering Your Educational Journey with MECU

MECU is not just a financial institution; we are your partner in achieving your educational goals. We are committed to providing you with personalized attention and guidance throughout your college planning and financing journey. By choosing MECU, you become a member of our community, where you receive preferred rates, a comprehensive mix of products and services, and exceptional customer service.

We understand the importance of education and its impact on your future. That’s why we are here to support you every step of the way. Whether you need assistance with saving for college, exploring student loan options, or obtaining a personal loan for back-to-school season, our knowledgeable team at MECU is ready to help.

Invest in your education, plan for your future, and let MECU be your trusted financial partner on your path to success. And, if you haven’t yet become a member, we extend a warm invitation to join our MECU family. By becoming a member, you’ll gain access to a wide range of benefits and financial solutions designed to support your financial well-being. Don’t delay – take the first step towards a brighter financial future by joining MECU today and embark on a journey of financial success this summer!

Contact our dedicated Member Services team during business hours at 601-922-3350 or toll-free at 1-800-748-9459 for any inquiries or to discuss how we can assist you with your college planning and financing needs.