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Appleton, WI

Student Loans with a Higher Purpose

More than 50,000 Christians across the nation have the tools to save more, spend less and give abundantly thanks to Thrivent Federal Credit Union (TFCU). With competitive rates, personalized service and financial guidance based on biblical principles, you can feel the power of contentment when you finance your education through TFCU. What’s more, we partner with Thrivent Student Resources to help students and families understand how to prepare, plan and pay for college. Build good financial habits and support your education with the option that's right for you.

Let wisdom inspire your future.
Inspired by Proverbs 24:14


Membership Eligibility

It's easy to become part of our community. Join us!

We're a member-owned financial cooperative driven by Christian beliefs and values, combining faith and financial expertise to help our members live confidently and generously. You must be an associate or benefit member of Thrivent Financial to be eligible for credit union membership.
 
To be eligible for a student loan, you must be:

  • A member or become a member of Thrivent Federal Credit Union.

  • A U.S. citizen or permanent resident.

  • Old enough to borrow legally in your state.

  • Currently enrolled at least half-time in a graduate or undergraduate degree program at an eligible school.


Our Loan Products

Undergraduate - 5.68%-9.99% APR FIXED

APR stands for Annual Percentage Rate.

  • For our fixed-rate loans, the APR's in effect as of 10/01/2019 range from 5.68% to 9.99% depending upon your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payment while in school for 4 years and a 6 month grace period; has a $10,000.00 loan with two disbursements and a 5.677% APR: 126 payments of $135.22 for a total paid of $17,037.98.

Thrivent Private Student Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $80,000.00

Repayment Options: Full Deferment, Immediate Repayment, Interest Only, Minimum In-School

This fixed rate loan provides the security of a locked-in interest rate over the life of your loan. Apply for a fixed rate loan if you:

  • Are planning for one year of expenses at a time.
  • Will be able to pay off the loan in a shorter period of time.
  • Want a level payment.

Loan Discount Details

  • Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
  • If you don't make loan payments while in school, you'll have up to 15 years to repay the loan. However, we encourage all students to make room in their college budget for loan contributions.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility

Undergraduate - 4.21%-10.09% APR Variable

APR stands for Annual Percentage Rate.

  • For our variable-rate loans, the APR's in effect as of 10/01/2019 range from 4.21% to 10.09%, depending on your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payment while in school for 4 years and a 6 month grace period; has a $10,000.00 loan with two disbursements and a 4.21% variable APR: 126 payments of $118.16 for total paid of $14,888.73. Variable rates may increase after consummation.

Thrivent Private Student Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $80,000

Repayment Options: Full Deferment, Immediate Repayment, Interest Only, Minimum In-School

This variable rate loan offers the flexibility of a lower rate up front, with the possibility of rate increases that depend on the interest rate environment. Apply if you:

  • Are planning for one year of expenses at a time.
  • Will be able to pay off the loan in a shorter period of time.
  • Are comfortable with the rate changing and possibly increasing over time.
  • Are looking for a lower rate up front.

Loan Discount Details

  • Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
  • Assuming you didn't make loan payments while in school, you'll have up to 15 years to repay the loan.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility

Undergraduate Line of Credit - 4.24%-10.22% APR Variable

APR stands for Annual Percentage Rate.

  • For our variable-rate lines of credit, the APR's in effect as of 10/01/2019 range from 4.24% to 10.22% depending on your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payments while in school for 4 years with a 6 month grace period; has a $10,000 loan with two disbursements and a 4.24% variable APR: 180 payments of $90.44 for a total paid of $16,279.14. Variable rates may increase after consummation.

Thrivent Student Tuition Line of Credit

Repayment Terms: Up to 25 years

Max Borrow Amt: $80,000

Repayment Options: Full Deferment, Immediate Repayment, Interest Only, Minimum In-School

The Thrivent Student Tuition Line offers flexibility and easy access to funds while you're in school. You can use all or a portion of the funds certified by your school in the credit line at any time over the course of your education.

Loan Discount Details

  • You make a draw request each year, which is disbursed to your school typically in two equal amounts, half for Fall semester and half for the Spring semester.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now School Eligibility Key Notes

Graduate - 5.68%-9.99% APR Fixed

APR stands for Annual Percentage Rate.

  • For our fixed-rate loans, the APR's in effect as of 10/01/2019 range from 5.68% to 9.99% depending upon your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payment while in school for 4 years and a 6 month grace period; has a $10,000.00 loan with two disbursements and a 5.677% APR: 126 payments of $135.22 for a total paid of $17,037.98.

Thrivent Private Student Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $80,000.00

Repayment Options: Full Deferment, Immediate Repayment, Interest Only, Minimum In-School

This fixed rate loan provides the security of a locked-in interest rate over the life of your loan. Apply for a fixed rate loan if you:

  • Are planning for one year of expenses at a time.
  • Will be able to pay off the loan in a shorter period of time.
  • Want a level payment.

Loan Discount Details

  • Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
  • If you don't make loan payments while in school, you'll have up to 15 years to repay the loan. However, we encourage all students to make room in their college budget for loan contributions.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility

Graduate - 4.21%-10.09% APR Variable

APR stands for Annual Percentage Rate.

  • For our variable-rate loans, the APR's in effect as of 10/01/2019 range from 4.21% to 10.09%, depending on your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payment while in school for 4 years and a 6 month grace period; has a $10,000.00 loan with two disbursements and a 4.21% variable APR: 126 payments of $118.16 for a total paid of $14,888.73. Variable rates may increase after consummation.

Thrivent Private Student Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $80,000.00

Repayment Options: Graduated, Immediate Repayment, Interest Only, Minimum In-School

This variable rate loan offers the flexibility of a lower rate up front, with the possibility of rate increases that depend on the interest rate environment. Apply if you:

  • Are planning for one year of expenses at a time.
  • Will be able to pay off the loan in a shorter period of time.
  • Are comfortable with the rate changing and possibly increasing over time.
  • Are looking for a lower rate up front.

Loan Discount Details

  • Your funds will be distributed to your school each year (Note: most schools split the funding between fall and spring semesters.).
  • Assuming you didn't make loan payments while in school, you'll have up to 15 years to repay the loan.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility

Graduate Line of Credit - 4.24%-10.22% APR Variable

APR stands for Annual Percentage Rate.

  • For our variable-rate lines of credit, the APR's in effect as of 10/01/2019 range from 4.24% to 10.22% depending on your and/or your co-signer's credit histories and the repayment option you select.
  • This informational repayment example uses typical loan terms available to a graduate who elects to make no payments while in school for 4 years with a 6 month grace period; has a $10,000 loan with two disbursements and a 4.24% variable APR: 180 payments of $90.44 for a total paid of $16,279.14. Variable rates may increase after consummation.

Thrivent Student Tuition Line of Credit

Repayment Terms: Up to 25 years

Max Borrow Amt: $80,000.00

Repayment Options: Full Deferment, Immediate Repayment, Interest Only, Minimum In-School

The Thrivent Student Tuition Line offers flexibility and easy access to funds while you're in school. You can use all or a portion of the funds certified by your school in the credit line at any time over the course of your education.

Loan Discount Details

  • You make a draw request each year, which is disbursed to your school typically in two equal amounts, half for Fall semester and half for the Spring semester.
  • 0.25% rate reduction for auto payment of principal and interest.

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now School Eligibility Key Notes

Refinance - 3.99%-9.99% APR Fixed

APR stands for Annual Percentage Rate.

  • For our fixed-rate loans, the APRs in effect as of 10/01/19, range from 3.99% to 9.99%, depending upon your and/or your cosigner’s credit histories and the repayment option you select.
  • Graduated Repayment Plan Payment Example – This informational repayment example uses a 15 year loan term available to a borrower who elects the graduated repayment plan and makes lower payments for the first 2 years in repayment, has a $30,000 loan and a 4.99% fixed APR: 24 payments of $160.86; 155 payments of $253.83 and 1 payment of $253.94 for a total paid of $43,458.23. Immediate Repayment Plan Payment Example – This informational repayment example uses a 5 year (60 month) loan term available to a borrower who elects the immediate principal and interest payment plan; has a $30,000.00 loan and a 3.99% fixed APR: 60 payments of $552.33 for a total paid of $33,139.81.

Thrivent Education Refinance Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $120,000.00

Repayment Options: Graduated, Immediate Repayment

If you're looking for a new interest rate or new loan repayment terms, refinancing current federal student loans might be an option.

The Education Refi Loan is best for you if you want:

  • To combine all of your education loans into one new refinance loan.
  • An opportunity to secure a lower interest rate.
  • To choose from a variable or fixed rate loan.
  • To choose from multiple repayment options.

Loan Discount Details

  • Your rate is fixed. This means that your rate will never change during the life of your loan.
  • The starting interest rate you pay will be determined after you apply. It will be based upon your credit worthiness and your cosigner's credit.
  • ACH Interest Rate Reduction
  • Cosigner Release Benefit

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility

Refinance - 3.63%-11.10% APR Variable

APR stands for Annual Percentage Rate.

  • For our variable-rate loans, the APRs in effect as of 10/01/2019, range from 3.63% to 11.10%, depending on your and/or your cosigner’s credit histories and the repayment option you select.
  • Graduated Repayment Plan Payment Example – This informational repayment example uses typical loan terms available to a borrower who elects the graduated repayment plan and makes lower payments for the first 2 years in repayment, has a $30,000 loan and a 5.00% variable APR: 24 payments of $161.16; and 156 payments of $254.09, for a total paid of $43,505.42. Variable rates may increase after consummation.
  • Immediate Repayment Plan Payment Example - This informational repayment example uses typical loan terms available to a borrower who elects the immediate principal and interest payment plan; has a $30,000.00 loan and a 4.63% variable APR: 180 payments of $231.50, for a total paid of $41,669.31. Variable rates may increase after consumation.*

Thrivent Education Refinance Loan

Repayment Terms: Up to 15 years

Max Borrow Amt: $120,000.00

Repayment Options: Graduated, Immediate Repayment

If you're looking for a new interest rate or new loan repayment terms, refinancing current federal student loans might be an option.

The Education Refi Loan is best for you if you want:

  • To combine all of your education loans into one new refinance loan.
  • An opportunity to secure a lower interest rate.
  • To choose from a variable or fixed rate loan.
  • To choose from multiple repayment options.

Loan Discount Details

  • The starting interest rate you pay will be determined after you apply. It will be based upon your credit worthiness and your cosigner's credit.
  • Although the rate will vary after you are approved, it will never exceed 18.00% (the maximum allowable for this loan).
  • ACH Interest Rate Reduction
  • Cosigner Release Benefit

Automated payment discount(s) only apply when full payments of principal and interest are automatically drafted from a bank account. Discount(s) will continue unless (1) the automatic deduction of payments is stopped (including times during deferment or forbearance) or (2) there are two automatic deductions denied by your bank.

Apply Now Truth in Lending Statement School Eligibility


Important Information
Federal student loans permit borrowers in financial trouble to use certain options, such as income-based repayment, which may help some borrowers. Depending on the type of loan that you have, the government may discharge your loan if you die or become permanently disabled. Depending on what type of Federal student loan that you have, you may be eligible for loan forgiveness in exchange for performing certain types of public service. If you are an active duty service member and you obtained your Federal student loan before you were called to active duty, you are entitled to interest rate and repayment benefits for your loan. If you are a borrower with a secure job, emergency savings, strong credit and are unlikely to need any of the options available to distressed borrowers of Federal student loans, a refinance of your Federal student loans into a private student loan may be attractive to you. You should consider the costs and benefits of refinancing carefully before you refinance.

Membership eligibility required. The TFCU Membership or Emergency Share Savings account is a requirement for membership in Thrivent Federal Credit Union. To maintain membership, a par value of one (1) share is $1.00 which must be kept in the account at all times. If you fall below the par value you have six (6) months to increase the balance or your membership may be canceled.

All loans and lines of credit are subject to credit approval and may not be available in certain schools or certain jurisdictions.


Need Help?

Contact Thrivent Federal Credit Union today and we'll be happy to discuss your options with you.
1.866.226.5225
Monday - Thursday: 7:00 AM to 8:00 PM CT
Friday: 7:00 AM to 6:00 PM CT
Saturday: 8:00 AM to 1:00 PM CT

Routing #: 075972147

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