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Education Loans

We offer affordable education loans to help you finance education for you and your family. We provide loans directly through the credit union and also through the Sallie Mae Smart Option Student Loan Program.

Education Loans financed through the credit union can help pay for:

  • Private and Parochial School Tuition*
  • College and University Tuition*
  • Music, Art, and Trade Courses*
  • Community College Courses*
  • Professional Development*

*Loan proceeds must be for an Ohio accredited school tuition

Apply for Educational Loans directly through the credit union and apply for Sallie Mae loans at the link below. If you have questions, please call us at (800) 282-3006, Option 5.


Type Rates APR* Additional Info
Education Line of Credit As Low As 8.50% -
Overdraft Line of Credit - 15.00% (Rate not credit score based)
Signature Line of Credits As Low As 9.99% -

Three Easy Ways to Apply:
Apply Online 24/7
Call (800) 282-3006, Option 5, during business hours
Print a loan application [PDF document] and fax, mail, or deliver it to us.

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Sallie Mae® Smart Option Student Loan Program

Now you can pay for college the smart way with three repayment options and competitive interest rates. This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.

The Smart Option Student Loan features and benefits:
 Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility
 No origination fees and no prepayment penalty
 Rewards and interest rate reductions available
 Rates that reward creditworthy borrowers
 Applying with a creditworthy cosigner may help you qualify
 100% US-based Student Loan Specialists

Applying online is easy – It only takes about 15 minutes to apply and get a credit result.

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*APR=Annual Percentage Rate. Signature Line of Credit, +Education Line of Credit, and +Duty Weapon Line of Credit-As low as rates are based on credit history, credit qualifications and approval. Actual rate will be determined by actual credit score. Rates are fixed for the life of the open plan and will not increase while plan is open. Overdraft Line of Credit Plans are not credit score based. Actual rate will be 15.00% APR for the life of the open plan. All borrowers subject to credit qualifications, approval and must have a checking account in good standing with SHPFCU. Overdraft Line of Credit limit is $500. Minimum Payment Calculation for Overdraft/LOC: The minimum payment will be $10.00 per month. Rates, terms, and conditions may apply and are subject to change without notice. Membership eligibility is required for all loans with SHPFCU. Call the Credit Union for more details.


Your family members may be eligible, too!
Your immediate family is eligible to join State Highway Patrol Federal Credit Union and get the benefits of membership. Some restrictions may apply. Contact us for details.