Student Loans




An SFPCU Private Student Loan can help you to fund your college education.

Take advantage of these benefits:

  • Competitive Interest Rates 
  • Borrow from $2,000 to $30,000 per year for undergraduate and graduate programs
  • 30-day No-fee Return Policy - allows you to change your mind with no penalty
  • Zero Origination Fees - for all qualified student borrowers
  • Quick approval once we receive your completed application
  • Low monthly payments: While attending school at least half-time you are only required to make monthly $25 Good Faith Payments during the deferment period*.

Private Student Loan Consolidation

We also offer consolidation loans for our members who are carrying private student loan debt and have graduated from an eligible school. This loan offers low, competitive rates to help simplify your finances. Click here to learn more and see if a Consolidation Loan is right for you.  

APR = Annual Percentage Rate. Example rate of 4.010% APR with 180 Monthly payments (15 year) = $74.02 monthly per $10,000 borrowed.
Student Loans are offered through a partnership with LendKey. Private student loans should be used as supplemental funding after exhausting all other sources of financial aid, including grants, scholarships, and federal student loans. Federal loans offer more attractive terms when compared to most other borrowing options, including private student loans. For more information on federal loans, visit
*Deferment lasts while student is enrolled in school at least half-time and includes a 6-month Grace Period once the student leaves school. Any unpaid accrued interest is capitalized (or added) to the outstanding loan amount once at the end of the Deferment Period. After Deferment, the borrower enters repayment status and is responsible for making full interest and principal payments. The full repayment period begins six months after you graduate, are enrolled in school less than half-time, or you leave school.



Q: Am I Eligible for a Loan?
A: Borrower must be a member of SPFCU, as well as:

  • A US citizen or permanent resident
  • Enrolled at least half-time in an eligible school
  • At least 18 years old
  • Meet minimum credit requirements

If you are not a member of SF Police Credit Union, you may still apply for a loan. However, you will need to establish membership prior to final approval and funding. If you would like more information on SFPCU membership, please click here.

Q: What is the Importance of a Cosigner?
A: Applying with a creditworthy cosigner not only increases your chance of approval, but also may lead to a lower loan rate.

Q: What are Some Tips to Keep in Mind?
A: Remember to:

  • Exhaust all federal loans
  • Get started early
  • Only request the amount you need for the current academic period

Get Started


To qualify for a Private Student Loan you must be:

  • An SFPCU member
  • 18 years of age or older
  • Enrolled at least half-time in a degree-granting program at an eligible school
  • Borrower or cosigner must be a U.S. Citizen or permanent resident.

To qualify for a Student Loan Consolidation, you must meet the following requirements:

  • $2,000 - $120,000 in undergraduate private student loan debt ($2,000 - $160,000 for graduate)
  • Graduated from an EdSucceed eligible school within the past 5 years
  • Reliable, steady income of at least $2,000 gross per month
  • Verifiable annual income greater than the amount of the loan (Consider adding a cosigner since we will count their income also)
  • US citizenship