Print this Page

What is the interest rate on the loan and how is it determined?

The MITFCU private student loan interest rate is extremely competitive. While it is important for you to have a good credit score, the interest rate is based on the credit score of the co-signer. Like most other private student loans, the rate will be indexed to the Prime Rate and is variable, meaning it can adjust on a quarterly basis depending on the Prime Rate.

Visit the Student Choice Rates Page to find our most up-to-date rates.

View rates now

This answer has been viewed 545 times.
Go to main navigation