Student Loan

believe in what's possible.

You’re investing in your future – we believe in that. We also understand that where college is concerned, it can be really difficult to make the numbers add up. An Allegacy Student Loan may be just what you need to make it work.

Apply for a loan

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


Up to $5K a Year

Borrow up to $5K per year, with a maximum loan amount of $20,000 over five years

Wait to Start Paying

The repayment period begins immediately upon graduation, or if preferred, six months later

Ten Years to Repay

When repayment begins, your loan is converted to monthly payments for up to ten years

More info about Allegacy Student Loans

  • Both student and co-signer (if required) must be Allegacy members
  • Student must be enrolled for at least six credit hours at an accredited in-state school
  • Accrued interest and insurance premiums (if applicable) are due at the end of each plan year on July 31st
  • You may borrow up to $5 thousand per plan year up to a maximum of $20,000 over five years
  • 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

Apply for a loan

See if you're eligible for a student loan.

apply now

What others are saying

Allegacy team in foyer
Manny M.
North Carolina member

By far better than any bank I’ve ever been with. Don’t have to worry about all those fees and requirements. Hassle free banking.

Allegacy team in foyer
Gus K.

I have been an Allegacy member for a few years now. Overall, this has been a great experience. Their staff is very customer service oriented. There was a potential issue just before closing on our house, and one of the branch managers helped us work through the issue, personally seeing it through.

Allegacy team at community event
Patty S.
North Carolina member

It’s the finest CU I’ve used in my many years, very knowledgeable cashiers, managers and loan professionals.

Allegacy team in atrium
Kathy W.
North Carolina member

I have been a member with the Allegacy back when it was Reynolds Credit Union. Excellent service in the CU. Excellent service on the phone. Excellent app for my phone. Web site very user friendly. I highly recommend Allegacy FCU.

Allegacy team at community event
Tanzola M.

Great tellers with excellent customer service skills. Been using for over 10 plus years. Keep it up ladies and gents you rock.

Allegacy team at community event
Max S.

Very nice bank, staff is always ready to help with whatever you need.

Not yet a member?

Believe in what's possible.

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  • Our Student Loan Program is a Private Student Loan; it’s not affiliated or guaranteed by the federal government. Rates, terms and products are all subject to change. You must meet all eligibility requirements to take out a loan. Loans are subject to credit approval. The rate is variable, it’s based on your credit history and profile, and it’s subject to change on August 1st of each year as long as your loan is deferred. The rate becomes fixed for the repayment term. A student loan in the amount of $10,000 for 60 months at 6.75%APR will have a monthly payment of $196.83.

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