The latest credit union to offer members student loans via Sallie Mae's Smart Option Student Loan referral program is the $924 million FORUM Credit Union in Fishers, Ind.
The suburban Indianapolis credit union joins Sallie Mae's pool of approximately 500 credit union partners, which earn fee income in exchange for referring members to the financial services company's Smart Option Student Loan.
The student loan product is designed to supplement federal student loans and other forms of financial aid, can cover up to 100% of borrowers' education expenses, and offers rewards for on-time and automatic payments, FORUM CU said.
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