Harvard University Employees Credit Union created a custom loan program with Harvard University for students at all 13 of Harvard’s graduate schools.“Our overall objective continues to be to ensure that a Harvard graduate education remains accessible to talented students,” said Dan Shore, Harvard’s chief financial officer. “The agreement with the Harvard Credit Union creates multiple lending options for our students at a time of significant uncertainty in the global credit markets.”The loan program is open to both domestic and international students and was launched with Credit Union Student Choice. The loan has low rates and fees, competitive terms, flexible repayment options and 24/7 call center support.“Today’s volatile economic environment has wreaked havoc on many lenders in the private student lending industry, leaving students with little access to fair-value financial aid,” said Gene Foley, president/CEO of HUECU. “But as a not-for-profit credit union that is completely focused on serving the Harvard community, not only are we surviving the current economic downturn, but we are in a position to step up and deliver an even higher level of service to Harvard students a time of critical need.”Earlier this year, two other credit unions launched similar programs through CU Student Choice. MIT Federal Credit Union started a program for international students at the MIT Sloan School of Management and Digital Federal Credit Union in Philadelphia started a program for international MBA students at the Wharton School of the University of Pennsylvania.–[email protected]

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.