Seeking a Private Student Loan in the Des Moines Area?
Whether you’re an undergraduate, career training or graduate student, Student loans from First Class Community Credit Union in partnership with Sallie Mae® could help!
Sallie Mae® student loans are designed for the needs of all types of students.
- Competitive interest rates
- Multiple repayment options
- No origination fees; no prepayment penalty1
Plus, the graduate loan suite is designed to meet the needs of students in specific fields of study.
Find out which loan is right for you.
Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank or a lender partner. First Class Community Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Click here Apply For a Loan Now for additional eligibility information about each product.
1 Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
© 2022 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.
Student Loan FAQs
What are the different types of student loans?
Students may qualify for federal loans, private loans, or refinancing options.
What can student loans be used to pay for?
Student loans can cover tuition, books, housing, meal plans, and other education expenses.
Do student loans require a co signer?
Private student loans often require a co‑signer if the borrower has limited credit history.
When do student loan payments begin?
Some loans allow payments to be deferred until after graduation.
Can student loans be refinanced after graduation?
Yes. Refinancing may help reduce interest rates or monthly payments.
What interest rates do student loans have?
Rates vary depending on loan type and credit history.
How do I apply for a student loan?
Applications can typically be completed online with your school or by using our convenient and secure online loan application.
Can parents take out loans for their child’s education?
Some programs allow parents to borrow on behalf of students.
How much can I borrow in student loans?
Borrowing limits depend on the cost of attendance and financial aid eligibility.
Are there flexible repayment options for student loans?
FCCCU offers different repayment plans depending on your financial situation.