Home » Loans » Private Student Loans

Finance your Education. Strive for your Dreams.

Discovery's private student line of credit help students pay for college when federal loans, scholarships and other financial aid are not enough to cover the full cost of education. Students can use a private student line of credit to finance tuition and other costs associated with attending college, such as books, and room and board. A Discovery private student line of credit offers you cost-savings by offering lower interest rates and no origination fees.


Click here to learn more about financing a college education and Discovery's private student line of credit options.


Below are just a few of the benefits of Discovery’s private student line of credit options:

  • Maximum loan amount up to $75,000
  • Straight repayment or graduated repayment options available 
  • Up to 25-year repayment term and no pre-payment penalties
  • Full deferment of principal and interest while in school 
  • Co-borrower release after 48 consecutive on-time payments
  • Easy online application process 

  • No origination fees 


For detailed information about education finance in a straightforward manner for Pennsylvania residents, check out www.pastudentchoice.org. This online resource provides:

  • Information on how to finance higher education wisely by utilizing free and lower cost options before turning to alternative financing.

  • A locator feature to help find Pennsylvania credit unions that offer the Student Choice lending program.

  • A helpful video that explains what a credit union is and how our members benefit.

  • Frequently asked questions on the Student Choice private student loan program.

The Web site, www.pastudentchoice.org is a great tool for high school guidance counselors, college and university financial aid offices and consumers researching their private student lending options.


*Discovery's student private line of credit solutions are processed by our partner, CU Student Choice. 


You will be prompted to enter your password on the next page.

New to Online Banking?  Enroll Now

Community News

Discovery FCU recognized as one of the 50 Top Local Businesses by the Greater Reading Chamber of Commerce in 2017
Discovery Federal Credit Union was recently honored as one of the local businesses recognized in the Greater Reading Top 50 Businesses Award Program.... Read More
Scams Now Targeting New Medicare Card Recipients
Changes are coming to your Medicare card. By April 2019, your card will be replaced with one that no longer shows your Social Security number. And it... Read More
View All News

Rates @ A Glance

New & Used Vehicle Loans as low as 1.49%
Home Equity Line of Credit as low as 0.99%
LIFESTYLE Loans as low as 3.65%
VISA Platinum Credit Card 8.99%
Certificates as high as 1.90%
View All

We Want to Know...

What do you have planned for Spring?

All Rights Reserved ©2012 Discovery Federal Credit Union,
2744 Century Blvd., Wyomissing, PA 19610|tel 610.372.8010|fax 610.372.8105|ABA Routing #231385646
Equal Housing Lender NCUA Your savings fedarally insured to at least $250,000 and backed by the full faith and credit of the United States Governmennt