Student Loans and Financing Education

Options to help you meet your continuing education goals.

If you are applying for a federal loan please contact your school's financial aid office for assistance. Private student loans should be used as supplemental funding after exhausting all other sources of financial aid, including grants, scholarships, and federal student loans. Federal loans offer more attractive terms when compared to most other borrowing options, including private student loans. For more information on federal loans, visit:

The NEWCU Smart Option Student Loan® by Sallie Mae®

For borrowers attending degree-granting institutions!

Now you can pay for college the smart way with three great repayment options and competitive interest rates! This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility
  • No origination fees and no prepayment penalty
  • Rewards and interest rate reductions available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate
  • 100% US-based Student Loan Specialists

Sallie Mae

Method Vizelka Scholarship ~ available to college-bound seniors

N.E.W. Credit Union is proud to offer its annual scholarship program to help college bound seniors with the rising costs of education. The scholarships are given in memory of Method Vizelka, a twelve year volunteer on our board of directors. We hope to reward students who demonstrate Method’s dedication to volunteer service and his active participation in community organizations. To be eligible for the $200 scholarship the student must be a member of N.E.W. Credit Union. Students at Oconto Falls, Oconto, Suring, Lena, Peshtigo and Gillett high schools can apply for the N.E.W. C.U. Method Vizelka Memorial Scholarship directly through their high school guidance office or fill out this form. One scholarship is available for each one of the before mentioned schools and one is also available for the credit union’s membership at large.