Domestic Students

MIT Federal Credit Union's core purpose - to empower people to achieve a brighter financial future - is the driving force for creating the Domestic Educational Line-of-Credit Program for MIT Sloan. We're proud to offer you a unique, affordable funding solution to help you finance a higher education without a higher price tag.

Check out some of these great benefits

  • Line of credit structure so you can borrow once for your full graduate career1
  • Borrow up to $230,000 with rates as low as 6.50% APR*
  • No origination or prepayment penalties
  • Flexible repayment & in-school deferment options
  • Borrow from a not-for-profit credit union you can trust

*See rates page for additional information, repayment examples, and important disclosures


1. Subject to credit qualification and annual credit review. Must meet school's Satisfactory Academic Progress (SAP) requirements.


A better deal from your local not-for-profit cooperative


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Answers to your most common questions


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