Pelican offers loans for your child's private school tuition!
We can help making private school payments easier with low rates and a smooth process. If you're approved, we'll simply ask you to submit an invoice for the tuition and we will help you pay your child's school directly.
Benefits:
- Interest Rates as low as 10.00%*
- Pay us back over 12 months
- Local decision-making
- No collateral necessary
- Personalized service at every step
Over 750,000 Louisiana residents qualify for membership.
Are you one of them? All you have to do is meet just ONE of the following criteria!
You work for (or are retired from) one of our hundreds of Partners.
You live in Rapides, St. Landry, or St. Tammany Parish
You are a Pelican State CU employee.
You also qualify for membership if your immediate family member meets any of the criteria above!
K-12 Tuition Loan Disclosure: Terms range from 0 - 12 months. Financing at 10.00% equals an estimated $87.91 monthly payment for 12 months for a $1,000 loan, resulting in a 12.88% APR. APR = Annual Percentage Rate. Tuition loans can only be applied for private school K-12 tuition. Tuition statements required prior to loan closing to receive tuition loan. Pelican will pay the school directly by check.
*Loan Disclosure: Pelican State CU membership required. To close a loan, you must open a primary savings account with Pelican State CU to become a member. There is a $10 minimum deposit to open a primary savings account and become a member ($5 to join + $5 minimum balance). Loan approval based on certain credit criteria and credit worthiness. Not everyone will qualify. Applicant will be charged $5.00 for any loan application that is denied, withdrawn, or expired. All approved and booked secured consumer loans with a title will be charged a $55 document fee. All approved and booked unsecured loans will be charged a $15 document fee. Other restrictions apply. See a Pelican representative for details.