Pay for College
Higher education is an investment in the future, but finding a way to pay for college is often a problem of the present. We provide saving advice, financial aid counseling, private student loan alternatives and scholarship information as a service to our membership. With the desire to learn, we believe there is a way to thrive, together.
Credit Union Student Choice
MFCU aspires to fill the financial gap that student loans, grants, and scholarships cannot. We proudly belong to Credit Union Student Choice (CUSC), which gives us the expanded ability to provide all application, approval, processing, certification, disbursement and repayment services of private student loans online and via a call center.
Montana Code School Loan
We have partnered with the Montana Code School to help students finance their tuition.Click here to learn more about the Montana Code School.
Missoula College CDL Loan
We have partnered with the Missoula College to help students finance their 5 week course to train and become certified for a Class A Commercial Driver Licence.Click here to learn more about the CDL Training program at the Missoula College.
College Savings Plans
Through MFCU’s partnership with VALIC, we can help members develop a smart savings strategy to help pay for college. VALIC advisors can help you set up a 529 college savings plan or a Coverdell Education Savings Account (CESA), formerly known as a College IRA. Both plans present smart and easy ways to put money aside in a tax-advantaged fund to pay for college tuition and other educational costs. Click here for more information on these plans throughVALIC.
Scholarships & Grants
2017 Missoula Federal Credit Union Scholarship
MFCU awards seven general scholarships to members who are graduating from high school within the MFCU field of membership. In 2017 we will award six scholarships in the amount of $1,000 and one scholarship in the amount of $2,000 in memory of William R. “Lefty” Campbell. The application deadline has now passed for this year’s scholarships. Please check back next year!
There are many college scholarship opportunities available on a local, state and national level. Scholarships area great way to help pay for college without taking out higher loan amounts. Click
Reach Higher Montana
These $1,000 scholarships are delivered to Montana students annually.
To qualify, applicants must be:
- Montana high school seniors.
- Montana residents who graduated from a Montana high school and are currently attending a Montana college or university.
- Planning on attending school at least half time.
- Maintaining a 2.5 grade point average (GPA).
Scholarship applications are available Dec. 1 – Jan. 15. Questions? Contact Rhonda Stafford, program manager, at (406) 422-1275 ext. 800.