Education Loans

take control of your dreams.

It takes effort to achieve anything worthwhile. But with the right resources in hand, obstacles can be overcome. That’s why the Allegacy Education Loan exists – to give you the power to scale that cliff, and get started on the road to your future.

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See if you're eligible for an Allegacy Education Loan.

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Up to $7,000

Borrow up to $7K when enrolled in at least three credit hours per semester

Ten Years to Repay

Repayment starts when you graduate or six months after, and may extend ten years

Two Year Deferment

You can defer your loan for up to two years from when the repayment period begins

More info about Allegacy Education Loans

  • Both student and co-signer (if required) must be Allegacy members
  • Student must be enrolled for at least three credit hours at a vocational school, a trade school or an accredited in-state school
  • Loan may be deferred for up to two years, with accrued interest and payment protection fees (if applicable) due at the end of each plan year on July 31st
  • You may borrow up to $7 thousand
  • Repayment begins at graduation, or six months after graduation
  • When repayment period begins, loan is converted to monthly payments for up to ten years
Calculators to help you plan for your future

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Apply today for an education loan.

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What others are saying

older couple kissing and taking a selfie
Karen B.
member from Kernersville, NC

Easily answered all my questions and concerns. Very helpful and helped me know what I needed to do.

young sporty couple on bike ride
William P.
member from Winston-Salem, NC

Felt a personal connection with the Allegacy associates that I dealt with.

father and son taking a selfie photo with their beagle dog
Darrel D.
member since 2004

Great folks to guide us through the process.

two young women with dog in park
Angelia J.
member since 2005

I was treated with respect, trust and honor. The team that worked with me helped me get everything done in a timely fashion. I will always be grateful for all the help that was given to me.

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  • Our Education Loan Program is a Private Student Loan; it’s not affiliated or guaranteed by the federal government. You must meet all eligibility requirements to take out a loan. Loans are subject to credit approval. Rate is variable and based on your credit history and profile and subject to change on August 1st of each year while loan is deferred. Rate becomes fixed for repayment term. Rates, terms and products are subject to change.