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.
|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.
|$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.
|$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).
|$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.
|$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.
|Limited to Cost of Program||36 months||5.90%|
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.