Rates as low as 3.24%APR*

Congratulations Class of 2019! You deserve a break.

Get $500** when you close on a car loan!

You survived years of hard work, tests, papers & presentations. Now the real fun begins! At MIT Federal Credit Union, we want to help you transition to the 'real world.' One of the first big purchases you may make after graduation is a new car - and we want to help you on your way!

Now through July 31st, when you book an auto loan with MIT FCU, you'll get $500*! Don't miss out, act today!

An Auto Loan from MIT FCU will get you on the road faster & save you money in the process.

  • Low, fixed rates based on credit score

  • Refinance a loan from another institution

  • Take advantage of midyear pricing specials

  • Great deals on auto insurance, too!

In order to qualify, you must close on your car loan by July 31, 2019 and graduate between April 1, 2019 and September 30, 2019. When filling out the Auto Loan application, make sure to answer the graduation date question.

Ready to get started? Apply for your New or Used Auto Loan today! 


* APR= Annual Percentage Rate. Rate indicated is valid as of May 1, 2019. Actual rate may vary based on individual creditworthiness and is subject to change at any time. The published rate represents the best credit and a 0.25% discount requiring Smart Money Rewards (SMR) membership (click here for SMR details) with a term up to 60 months and automatic payment from an MIT FCU account. Other rates may apply for longer terms. The payment for a loan of $20,000 for a 60 month term at 3.24% APR is $361.60. The monthly payment for a loan of $20,000 for a 60 month term at 3.49% APR without Smart Money Rewards is $363.81. 

** Offer restricted to applicants who graduate/or have graduated within the time frame between 4/1/19 and 9/30/19. Associate, Bachelor's, Graduate or PhD degree from an accredited college or university or registered nursing school required. Applicant must provide transcripts or other evidence of graduation or anticipated graduation to qualify. To receive the $500, applicant must close on an auto loan before end of business 7/31/19. $500 will be deposited into member's MIT FCU checking account within 30 days of loan funding. No adverse credit history. Some restrictions may apply. Payment of the $500 bonus may result in tax implications. Please check with your tax adviser. Existing MIT FCU auto loans are not eligible for the promotion.