Student Loan Update
With the passage of the Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), the Federal Family Education Loan (FFEL) Program has been eliminated.  Due to this change in legislation, private lenders, like Northwoods Community Credit Union will no longer be able to originate or fund federal Stafford, PLUS or Consolidation loans.

As of July 1, 2010 the William D. Ford Direct Loan Program will issue all new federal student loans.  Your school's financial aid office can provide you with more information and specifics about this program.

If you have questions about an existing Federal Family Educational Loan secured through Northwoods Community Credit Union, please contact Great Lakes at 1-800-236-4300 or at www.mygreatlakes.org

Stafford and PLUS Loans 
Please visit the Department of Education website for information about Federal Direct Stafford and PLUS loans.   We recommend that you contact your school's Financial Aid Office for application materials and to frequently monitor your application status.

Consolidation Loans  
You may have the opportunity to consolidate your existing loans through the Federal Direct Loan Consolidation Program.   To view consolidation loan details, visit the Department of Education Consolidation Loan website.

Even though NCCU can no longer assist our members with funding federal student loans, we welcome the opportunity to help our members however we can.