Student
Loans
Find competitive private student loan rates in minutes
funding your future
At Canopy Credit Union, we empower you to achieve your educational dreams — without the stress of endlessly searching for the right loan. Our student loan marketplace connects you with personalized rates from 20+ trusted lenders, all through one simple form.
Discover your options in minutes — not months — and find the right loan to support your next chapter.
How Canopy’s student loan marketplace works for you:
- Search in-school and refinance options tailored to your situation.
- Compare competitive fixed and variable rates to find what fits your financial situation.
- Explore flexible repayment terms that work for you.
- Avoid origination fees and prepayment penalties keep
- Who can benefit?
We’re here for every stage of your educational journey. Whether you’re preparing for college, working toward your degree, or refinancing existing loans — we’ve got you covered.
Our student loans are available for:
- Parents supporting a student’s education
- Undergraduate students pursuing a degree
- Graduate and professional students (MBA, Law, MD, JD, etc.)
- Borrowers refinancing for better rates and terms
- What can you use the loans for?
These loans are designed to help cover all your education-related expenses from tuition and housing to textbooks, transportation, and supplies. Whatever your academic path, Canopy helps remove financial barriers so you can stay focused on your goals.
looking for a change?
we can help you refinance
Say goodbye to high-interest rates and rigid terms. Canopy’s student loan refinancing marketplace helps you:
- Lower your interest rate and save over time
- Reduce your monthly payment and improve cash flow
- Combine multiple loans into one manageable payment
Take control of your student loans today.
student loan FAQs
College can be hard enough… figuring out your student loans shouldn’t be.
Private student loans are provided by private lenders — credit unions, banks, and online lenders. You can use private loans to pay for education costs and living expenses, which your federal education loans might not cover. Interest rates and terms on private student loans can vary, depending on your financial situation, credit history, and the lender you choose.
With a private student loan, you can typically borrow up to 100% of your school’s certified cost of attendance (tuition, fees, room and board, and other school-related expenses), minus any other financial aid or loans you’ve already received.
The exact amount you can borrow varies by lender and may be influenced by factors such as your credit history, the creditworthiness of a cosigner, your degree program, and your school’s certified cost of attendance. This flexibility helps ensure your loan fits your unique educational needs.
You can still get a student loan even with limited or lower credit, and you don’t have to do it alone. While federal loans don’t require a credit check, private student loans do. Many students benefit from adding a cosigner — a trusted family member or friend — to help qualify and potentially secure a lower interest rate.
Private student loans consider income, employment, and credit history. If your credit is limited or below average, a cosigner can make a big difference in approval and interest rates, helping you access the funding you need to achieve your educational goals.
In most cases, no you don’t need a cosigner.
Each lender has different requirements when it comes to qualifying for a private student loan. But typically you must:
- Have a qualifying credit score (or a cosigner with one)
- Have a qualifying income and debt-to-income ratio (DTI) (or a cosigner with one)
- Be enrolled in an eligible education program
- Be a U.S. citizen or legal resident with a Social Security number
- Be at least 18 years old and hold a high school diploma or equivalent (or have a cosigner)
- Use the loan for education purposes only
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.
This student loan marketplace is powered by Sparrow. These loans are made by Sparrow’s lending partners. Canopy Credit Union is not the creditor for these loans and is compensated by Sparrow for the referral of loan customers.
Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
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