Are you thinking of going to school to become a doctor, dentist or something other medical professional? If so, and you are like the average person, you may need help paying for the schooling. Many options exist for those students who are shopping around for a loan. A couple of choices on the market are the popular Health Professions Student Loan (HPSL) and the Smart Option Student Loan, which is a specific type of HPSL. Depending on your chosen profession, one type may benefit you more than the other. You could consider the general Health Professions Student Loan, or the Smart Option Student Loan.
A credit union in Hawaii offers Health Professions Loans in Ewa Hawaii. The credit union offers the Smart Option Student Loan, also called the Sallie Mae loan, which is ideal to help pay for college expenses normally not covered by scholarships and federal loans. Here are some of the major benefits of using a financial option like Smart Option.
- Smart Option Student Loans have no origination fees and no penalties for prepayment. The student is free to making payments ahead of schedule with no fear of early penalties.
- A Smart Option Student Loan allows the student to borrow up to 100 percent of the school’s certified attendance cost.
- There are benefits offered to the borrower such as reduction in interest rates and rewards.
- The borrower has the opportunity to choose from fixed or variable interest rates, enabling more flexibility with the loan.
- With a co-signer who is creditworthy, the student borrower may qualify for even lower interest rates on the loan.
- The borrower have several in-school options for repayment.
Pearl Harbor Federal Credit Union (PHFCU) has been offering financial solutions for clients in the Waipahu and Ewa, Hawaii areas for eight decades. Because credit unions are formed by people with a common people, the goal of PHFCU is to help customers understand that the credit union is theirs. The customers become their own lenders and support for each other in the network. If you are entering into the medical field and need a Health Professions Loans in Ewa, Hawaii, consult with the Pearl Harbor Federal Credit Union. You can visit the website, website. You can also visit their Twitter profile.
