Discover the Northwoods Credit Union Student Loan Marketplace

Financing your education can be a challenge, but Northwoods Credit Union is here to help. While we don’t fund loans ourselves, our Student Loan Marketplace connects you to over 20 trusted lenders, offering competitive rates and flexible terms. Whether you’re planning for college, need extra funds during your studies, or want to refinance existing loans, we’ve got you covered.

Why Choose the Northwoods Credit Union Student Loan Marketplace?

Our marketplace makes finding the right loan easier:

• Compare Options Instantly: Access multiple offers from reputable lenders in minutes. (You don’t need to be an NCU member to access this awesome tool)
• Competitive Rates: View both fixed and variable interest rate options tailored to your needs.
• Flexible Repayment Terms: Choose from various repayment plans to match your budget.
• No Hidden Fees: Enjoy zero origination fees and no prepayment penalties.
• Personalized Results: Complete a single, simple form to receive customized loan offers in seconds.

Who Can Benefit?

The Student Loan Marketplace is perfect for:

• High School Seniors: Start your college journey with confidence.
  • Recent grads of local schools like Cloquet High School, Moose Lake-Willow River High School, Floodwood High School, Esko High School, Carlton High School, and schools all over Minnesota and surrounding states like Wisconsin, North Dakota, and more, can explore rates right now.
• College Students: Secure additional funding to keep your education on track.
• Graduates: Explore student loan refinancing options for better rates and terms.

How It Works*

1. Visit Our Marketplace: Go to the Student Loans Page.
2. Fill Out the Form: Complete a short application to receive personalized offers.
3. Compare Student Loan Lenders: Choose the loan that best fits your financial needs.
4. Apply Directly: Finalize your application with your selected lender.

Your Trusted Credit Union Partner

At Northwoods Credit Union, we provide this free tool to help you compare and select the best credit union student loans for your needs. Whether you’re just starting or looking to refinance, our Student Loan Marketplace simplifies the process, giving you the confidence to focus on your education and future goals.

Borrow responsibly. We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

This student loan marketplace is powered by Sparrow. These loans are made by Sparrow’s lending partners. Northwoods Credit Union is not the creditor for these loans and is compensated by Sparrow for the referral of loan customers.

SPARROW RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. © 2023 Sparrow Labs Inc. All rights reserved. Sparrow, the Sparrow logo, and other Sparrow names and logos are service marks or registered service marks of Sparrow Labs Inc. All other names and logos used are the trademarks or service marks of their respective owners. Sparrow is not sponsored by or an agency of the United States of America.

*Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply