The Program

How It Works

cuStudentLoans is a private student loan program that is built on the collective and cooperative power of credit unions nationwide. Through its common underwriting and pricing, cuStudentLoans is the first student loan program that makes the benefits of credit union products and membership accessible to student borrowers nationwide. OUR CREDIT POLICY The credit policy, including all underwriting and pricing, are democratically created and chosen by participating members of the CUSO. YOUR BALANCE SHEET You fund the loans and benefit from being able to diversify your balance sheet and own longer term variable rate consumer assets. SHARED PARTICIPATION Our advanced technology platform allows for equally weighted loan participations amongst program participants to enhance risk mitigation.

SERVE MEMBERS, CREATE MEMBERS In addition to service the needs of your existing members, our national reach and relationships with over 400 university financial aid offices helps drive new Gen-Y members for our participating credit unions. Not interested in originating your own loans but still want to refer your members to a credit union managed student loan program? Become a referral partner!

Private Student Loans

cuStudentLoans, founded in 2009 by a group of credit unions, is a participation network, designed and governed by the Member Student Lending LLC, Credit Union Service Organization (CUSO). cuStudentLoans uses common underwriting and pricing to offer one of the most competitive private student loan programs in the nation. Through the cuStudentLoans program, 160 credit union participants have funded $300 million in originations, with an average loan size of $12,500. The network has generated over 10,000 new credit union members by aggregating capital and leveraging the collective field-of-membership of all participating credit unions.

Private Student Loan Consolidation & Refinancing

Starting in 2011 as an extension of the private student loan program, cuStudentLoans began offering private student loan consolidations. With over $400 million in funded originations and an average loan size of $50,000, consolidation loans provide a significant revenue stream for lenders. Additionally, the 100 credit union partners offering a consolidation program are well-positioned to not only serve the 22-30 year old demographic, but also to successfully serialize them a members for life. Sign up now to start offering this program to your members. To learn more call 800-881-8985.