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Private Student Loan Program
VA Desert Pacific FCU’s private student loan program is an affordable option for members who have exhausted grants, scholarships and federal loan borrowing resources and are looking for additional gap financing. Achieve your educational goals with help from us!

NEW- we now offer consolidation for all of your outstanding Private Education Loan balances.  Click here to get more information about our Value Advantage Private Refinance loan program and to apply.

Private Education Loan Application and Solicitation Disclosure

Returning Borrowers:
If you have already submitted an application, please click here to check the status of it.

Program Overview:
Regardless of your borrowing needs, we have the right loan for you! The cost of education, as determined by the school, may include the following:
  • Tuition and fees, including costs for the rental or purchase of equipment, materials, or supplies required of all students in the same course of study
  • Books, supplies, lab costs, or other fees that your school factors into the cost of tuition
  • Room and board based on reasonably incurred expenses for the area

Value Advantage Undergraduate Loan:
  • ​Minimum loan amount: $2,500
  • Annual maximum loan amount: $25,000
  • Total program limit: $80,000
  • Interest rate is variable based off of the 3-month London Interbank Offered Rate (LIBOR) with a floor rate of 4.50%.  The interest rate is capped at 18.00%.
  • Click here to apply for a Value Advantage Undergraduate Loan

Value Advantage Graduate Loan:
  • Minimum loan amount: $5,000
  • Annual maximum loan amount: $40,000
  • Total program limit: $85,000
  • Interest rate is variable based off of the 3-month London Interbank Offered Rate (LIBOR) with a floor rate of 4.50%. The interest rate is capped at 18.00%.
  • Click here to apply for a Value Advantage Grauduate Loan

Value Advantage Medical Profession Loan:
  • Minimum loan amount: $5,000
  • Annual maximum loan amount: $40,000
  • Total program limit: $100,000
  • Interest rate is variable based off of the 3-month London Interbank Offered Rate (LIBOR) with a floor rate of 4.50%. The interest rate is capped at 18.00%.
  • Click here to apply for a Value Advantage Medical Profession Loan

Borrower Requirements:
  • Student must be a member of VA Desert Pacific FCU
  • Co-signer/grantor must be a member of VA Desert Pacific FCU 
  • Students must be enrolled at least half-time at an approved school, click here for our approved school list
  • Must be creditworthy
  • Co-signer is not required if the student is creditworthy and of legal borrowing age (co-signers are encouraged to help increase the chance of approval and potentially obtain a lower interest rate)
  • Our private student loan application process makes it convenient to apply anytime from anywhere. It’s easy to apply! Click here and get started.

Contact Us:
Representatives from Cology, our program partner, are committed to service excellence:
1.  For more information about our student loan programs, please call (866) 514-2387 or email vadpfcu@cology.com
2.  For more information once your loan enters servicing, please call (877) 276-1140 or email servicing@cology.com



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