Member Services

Student Loans

Smart Option Student Loan® by Sallie Mae®

Now you can pay for college the smart way with great repayment options!  Together we can do this!

The Coventry Credit Union offers student loans through the Smart Option Student Loan® by Sallie Mae®.  This is an ideal solution to help bridge that gap between federal loans and the cost of your education expenses. 

The Smart Option Student Loan features and benefits include:

  • Competitive Interest Rates.
  • Borrow up to 100% of school certified education costs (minimum $1,000).
  • Multiple in-school repayment options available.
  • Borrower benefits available - like rewards and interest rate reductions.
  • Rates that reward creditworthy borrowers.
  • Applying with a creditworthy co-signor may help you qualify and/or receive a lower rate.
  • Fast online application.  Our easy-to-complete application takes approximately 20 minutes.  It is quick and easy.
  • 24/7 online account management.
  • No prepayment penalty. 

To learn more or to start the application process, please get started at Sallie Mae Smart Option Student Loan® website for all the details!



USA Patriot Act:  Important Information About Procedures for Filing a Loan Application with Coventry Credit Union. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.   What this means for you is that when you file a loan application with us, we will ask you for your name, address, date of birth and other information that will allow us to identify you.  We will also ask to see your driver's license or other identifying documents no later than at the time the loan is closed.