Loan Requirements Download Form 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 refinanceComplete the loan application formcopy of a valid social security card and a copy of their teacher's licenseIf 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 personcopy of a valid social security card and a copy of their teacher's license