inspiring our members to achieve financial success

Secured & Student Loans

Get the Loan You Need with a Secured Loan
Have you been denied a loan due to lack of credit history or poor credit?
A Share (Savings) Secured Loan, or Certificate Secured Loan, is secured by the funds in your Share Savings Account or Share Certificate.  By borrowing against your savings, you can establish new credit or re-establish credit by paying off the balance of your secured loan.
Perhaps you have established credit and want to pay a lower interest rate? Use the money in your account to get one of our lowest loan rates available.

  • No Credit Check Available
  • Great way to Establish and Build Credit
  • Continue to Earn Interest on your Savings
  • One of our Lowest Loan Rates Available
  • Get Cash for any Purpose

Apply Online or from your mobile device with the Oxford FCU app, or call 800.991.9219

Get money for school from Sallie Mae® Student Loans from Oxford Federal Credit Union in partnership with Sallie Mae.

Sallie Mae higher education loans are designed for the needs of undergraduates, graduate students and parents.

  • Competitive interest rates
  •  Multiple repayment options
  • No origination fees; no prepayment penalty*

Find out which loan is right for you.

These loans are made by Sallie Mae Bank or a lender partner. Oxford Federal Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

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.

Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Parent Loan: This information is for borrowers with students attending participating degree-granting schools. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower, and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

*Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

© 2019 Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.