Loan Requirements

Applicant
  • 5 consecutive dues payments (Member in good standing with the Union)
  • previous loan balance must be $500 or below to be able to request a refinance
  • Complete the loan application form
  • copy of a valid social security card and a copy of their teacher's license
  • If co-make for 2 persons then the loan will not qualify until one of the teacher's loans is paid off
Co-Maker
  • 3 Consecutive Dues payments (Member in good standing with the Union)
  • Co-Maker - must not co-make for more than 2 persons at a time and if have a loan must only co-maker for 1 other person
  • copy of a valid social security card and a copy of their teacher's license