The KCCU “Like, All Free” Account has an optional Student Line of Credit feature available for qualifying individuals. The loan is at KCCU’s base rate plus 3.00%. KCCU’s Student Line has no monthly or annual fees. While in school and up to one year after finishing school, borrowers are permitted to make interest-only payments. Flexible terms and repayment after graduation.
The Maximum amount that may be borrowed is $10,000 per year to a maximum of $40,000. Larger limits may be available to meet the students’ needs depending on the profession being entered into.
Qualifying students are required to provide proof of full-time enrollment in a post-secondary program. The student may require a co-signer and the amount of available credit would depend on the credit history of both the applicant and the co-signer. For all Lines of Credit, interest is paid only on the amount outstanding.