At Emory Alliance Credit Union, we're committed to offering our members a complete range of financial services. We exist not for profit, not for charity, but to serve the economic well-being of our members. We're proud to bring this philosophy to student lending - helping you finance a higher education without a higher price tag.

PLEASE NOTE: In accordance with regulatory guidelines, students from Office of Foreign Assets (OFAC)-sanctioned countries are NOT eligible for this private education line of credit. Sanctioned countries include Western Balkans (Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Kosovo, Albania, FYR of Macedonia), Belarus, Myanmar, Cote d’Ivoire(Ivory Coast), Cuba, DR Congo, Iran, Iraq, Libya, North Korea, Sudan, Syria, and Zimbabwe.

Key Features of Emory Alliance Credit Union's International private loan program:

• Finance up to $84,000
• Available to international students (students who are not U.S. citizens or U.S. permanent residents, and require a visa for entry to the United States)
• Apply once and secure financing for your entire graduate studies with unique Line of Credit structure
• Zero pre-payment fees
• Variable interest rates ranging from Prime Rate +3.00% to as low as Prime Rate + 2.75% (by choosing automatic electronic payments during repayment period)
• Co-borrower not required
• Flexible repayment options, including full deferment of payments while in school
• 20 or 25 year repayment period, depending on loan balance – or repay early at anytime with NO penalty
• 0.25% rate discount for automatic electronic payment during repayment
• Optional graduated repayment which provides lower payments during the first two years of repayment
• 24/7 Call Center and Online Application
• Loan is granted and held by your not-for-profit credit union—a lender relationship you can trust

Learn more about our International Graduate program.

Who's eligible?
International graduate students enrolled or enrolling in Emory University’s Goizueta Business School. An international student is defined as a student who is not a U.S. citizen or U.S. permanent resident, and requires a visa for entry to the United States. Necessary documentation may include one of the following:

• F-1 visa and I-20, along with a valid passport with photo
• J-1 visa and form DS-2019, along with a valid passport with photo

How much can I borrow?
Students can borrow up to $50,000 annually (no more than cost of attendance less any other aid received). The total amount the student can borrow throughout their graduate college career is $84,000. The University will certify the requested loan amount with the credit union.

What will be my rate?
Your rate will be the Prime Rate plus 3.00%. Please note that you can lower your rate by 0.25% during repayment by making automatic electronic payments during your repayment period.

How are rates determined?
Rates are variable and reset quarterly. They vary based on the Prime Rate, which can be found in The Wall Street Journal.

Is a co-borrower required?
No. A co-borrower is not required for this loan.

What are the repayment terms?
Students may choose full deferment while in school, elect to make interest only payments while in school, or choose full principal and interest payments. Once you complete school, you will be allowed to choose straight repayment over the term (20 or 25 years depending on loan balance) or our graduated repayment for two years. The graduated repayment option amortizes the first 2 years over a 40 year period and then over either 18 or 23 years for the remainder of the loan. This means monthly loan payments will be lower in the first two years after starting repayment—which may benefit individuals who are just beginning new careers and managing tight budgets

How do I apply?
Online or through our call center.

Once I have established my line of credit (loan documents have been signed and funds disbursed), how do I request additional loan advances in the future?
As a returning borrower who already has an existing line of credit, you do NOT need to complete an entirely new application to request additional funds. Follow these simple instructions:

• Click the “Apply Now” link anywhere on the website
• Select the appropriate application link (Domestic or International)
• Log-in as a "Returning User"
• Click “Draw Request” to proceed with your request for additional funds
• On the next page, which shows your loan completion date, click “Select”
• Confirm or edit your personal information as needed
• After confirming/editing your personal information, enter your “Draw Request Amount” and select the proper “Academic Period” from the drop-down menu
• Click “Submit” and your draw request will be added to the “Draw Request History” table and you will see a message stating that your request has been processed