Financial Aid & Student Loans

Student Loans
Recognizing the need for private student loans in our area, Hermantown Federal Credit Union and, LendKey, a financial technology company that develops customized private student lending solutions has become a funding solution to students and their families. With college enrolment at an all time high paired with the escalating cost of tuition, private student loans provide families with a complimentary product to assist them with funding higher education. HFCU is now offering the cuScholar Private Student Loan, which is available through the cuStudentLoans.org marketplace. The loan includes a financial literacy component that helps students learn good credit habits and build their credit score while they are still in school.

High School Planning Guide for Parents and Students
It’s tough to know when and how to start planning for college.  Here is a 10 step guide for parents on planning for your child’s education and a checklist for high school students to prepare themselves for post secondary education. 

PLANNING GUIDE FOR PARENTS - CLICK HERE

COLLEGE TAX GUIDE FOR PARENTS AND STUDENTS - CLICK HERE

FAFSA Completion Tips
The Free Application for Federal Student Aid (FAFSA) is required by all colleges and universities, and it determines eligibility for federal and state financial aid.  Most colleges use the FAFSA to award institutional funds as well.  Here are some quick tips for facing the dreaded FAFSA.

FASA COMPLETION TIPS - CLICK HERE

Financial Aid Process Guide
Applying for student aid and loans can seem like an intimidating and overwhelming task at first, but it’s easier to understand once it’s laid out.  Here is a short guide to walk you through the process step by step.

FINANCIAL AID PROCESS - CLICK HERE

Local Duluth Colleges & Universities Financial Aid Information

University of Minnesota Duluth
Financial Aid Website:  http://www.d.umn.edu/fareg
Email: umdhelp@d.umn.edu
Phone Number:  218-726-8000

Lake Superior College
Financial Aid Website: http://www.lsc.edu/FinancialAid/index.cfm
Email:  s.olin@lsc.edu
Phone Number:  218-733-7601

The College of St. Scholastica
Financial Aid Website: http://www.css.edu/financialaid.xml
Email:   finaid@css.edu
Phone Number:  800-447-5444 ext 6047

University of Wisconsin – Superior
Financial Aid Website: http://www.uwsuper.edu/finaid/index.cfm
Email: finaid@uwsuper.edu
Phone Number: 715-394-8200

Wisconsin Indianhead Technical College

Financial Aid Website: http://www.witc.edu/finance/finaid.htm
Email: available on WITC's Financial Aid Website
Phone Number: 715-468-2815

 
 

FIC Scholarship Program
It’s time, once again, HFCU has teamed up with the Minnesota Family Involvement Council (FIC) Scholarship Program!

The FIC is awarding $12,000 in scholarships to Minnesota credit union members. This year’s scholarship awards include two $1,000 awards and 20 $500 awards.

http://www.mnfic.org/scholar.htm

 
This credit union is federally insured by the National Credit Union Administration.