MAFCU For Students
Student Essay Contest
MAFCU is participating in the Massachusetts Credit Union League's essay contest for seventh and eighth graders. Students are asked to write an essay about how they and/or their families have reached out to help other people this past year.
One first-place winner will receive a $500 US Savings Bond. Seven finalists each will receive a $250 US Savings Bond.
To participate through MAFCU, students must have parents or guardians who are MAFCU Federal Credit Union members, must be Massachusetts residents, and must attend school in Massachusetts. Essays must be no longer than 250 words, handwritten by the student, and submitted to MAFCU by Friday, December 23, 2011. Send applications and essays to Paula Kerwin, MAFCU Federal Credit Union, 365 Boylston Street, Brookline, MA 02445
Financing Higher Education with Private Student Loans
Tuition shouldn't stand between you and a college education. Students and their families can turn to MAFCU for private student loans to help with college tuition and expenses.
To apply for a private student loan at MAFCU, click here.
Home and Family Finance Center for Students
Our Home and Family Finance Center is a great resource for students, families, and college-aged young adults to learn about important and timely financial information. Find out about how new credit card rules will affect young people; how to prepare for life after college, or how a tax credit can help pay for college.
You'll also find calculators, a glossary of financial definitions, articles, videos, and radio segments that can help you figure out your best financial options.
Get More with a MAFCU Student Package
MAFCU’s Student Package lets students establish credit while giving them the tools to manage their finances responsibly. Students joining the Credit Union with the minimum $25 Share Savings deposit may be eligible to receive the Student Package with free checking and a debit/ATM card,* and may qualify for a student Visa credit card.
“Many students become financially independent for the first time when they go to college and may need guidance in using credit wisely,” says Ann-Marie Gordon, MAFCU Vice President of Operations. “Our student Visa lets students build credit while learning to spend sensibly.”
Just like MAFCU’s Visa Classic, the student Visa also includes such benefits as a 25-day grace period on purchases; cash anytime at ATM locations worldwide; extra security with CardLock; auto rental insurance; travel protection; and concierge services during a hotel/motel stay.
Along with the MAFCU Student Package, the Credit Union has other convenient services for students, including student loans, 24-hour online banking, and ATM accessibility (including an onsite ATM at the Massachusetts College of Pharmacy and Health Sciences).
To be eligible for a MAFCU student Visa, students must be 21 years old or have a co-signer. Other restrictions may apply; contact MAFCU for more information at 617-278-5600.
*Fees may apply at non-MAFCU ATMs.
