Low-Rate Educator Loans

For more information on Educator Rewards, click HERE.

Administrator Credential Loan
Please contact the Credit Union for additional information regarding this loan.

Loan Limit Term Rate
Limited to Cost of Program 48 Months 5.90% APR1

Classroom Supplies Loan2
The Classroom Supplies Loan is a small, unsecured loan that is designed to assist teachers in stocking their classrooms throughout the year.

Loan Limit Term Rate
$500 10 months 0% APR

Educator Computer Loan
This low-rate Educator Computer Loan makes it easier for current or retired educators to purchase a personal computer.

Loan Limit Term Rate
$500 - $5,000 36 months 6.90% APR

Teacher Certification Loan3
The low-rate Teacher Certification Loan can help teachers pay for the advanced certification program offered by the National Board for Professional Teaching Standards (NBPTS).

Loan Limit Term Rate
$2,500 24 months 5.90% APR

Teacher Relocation Loan4
The Teacher Relocation Loan is designed for certificated teachers who have accepted a teaching position at a school within Schools’ field of membership. The proceeds from this loan can be used for expenses such as moving costs, first month’s rent, a security deposit, etc.

Loan Limit Term Rate
$5,000 36 months 8.90% APR

Teacher Intern Loan5
The Teacher Intern Loan is designed to help educators pay for the
Teacher Intern program offered by the California Teacher Commission.

Loan Limit Term Rate
Limited to Cost of Program 36 months 5.90%

Effective 8/1/16

1 APR=Annual Percentage Rate.
2 Available to certificated employees only.
3 Available to certificated employees who qualify for the National Board for Professional Teaching Standards (NBPTS) test only.
4 Available to certificated employees only. Must provide proof of a signed contract with a school in Schools’ field of membership.
5 Eligible participants work for an Office of Education within our field of membership and have been accepted into the program.

Representative Example: A $3,000, 36 month loan at 6.90% APR would require 35 payments of $84.23 with one final payment of $83.92.