College Still Smart Choice

Despite the high cost, new data show that college is worth it. Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree, according to an analysis of Labor Department statistics by the Washington-based Economic Policy Institute. If savings and scholarships aren’t enough to cover higher education expenses, look to us for help.
The Allsteel Credit Union Smart Option Student Loan® by Sallie Mae® offers a choice of competitive rates for undergraduate students, with low variable rates starting at 2.25% APR* and fixed rates as low as 5.74% APR*. Earn rewards for paying on time. Set up a Smart Reward® in your Upromise® account and receive 2 percent of your scheduled monthly in-school payments made on time while in school with the Interest and Fixed Repayment Options.

Lower your interest rate by 0.25 percentage points while enrolled when you make your payments automatically. You can borrow up to 100% of your school-certified education costs (minimum $1,000). Choose the repayment option best for you: Deferred Repayment, Fixed Repayment or Interest Repayment.

Apply with a creditworthy cosigner and you may lower the interest rate and gain a better chance of approval. For more details or to apply online, go to It takes about 15 minutes to apply and get a credit result. You’ll also choose a repayment option at that time.

*APR = Annual Percentage rate. Sallie Mae reserves the right to modify or discontinue products, services and benefits at any time without notice. Check the Sallie Mae Web site ( to obtain the most up-to-date product information.

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