VIU is recommending the following lender to our students that would like to borrow an educational loan. As a student loan borrower, you are NOT required to select this lender and you may choose one of your own.

Apple Federal Credit Union
Student Loans are available directly from Apple Federal Credit Union to VIU students who are U.S. citizens, or have a permanent resident status, or are International students. The loan must be used for education related expenses (i.e., direct deposit for a tuition payment). The student applying should have an established good credit history and a verifiable income that is reliable and sufficient to re-pay the loan.

It's easy to get started!
1. Complete the application.
2. Submit the application using the postage-paid panel on the back OR click here to apply online.

Loan limits are as follows:

1. U.S. Citizen Students: Up to $35,000 per academic year
2. Green Card Holder Students: Up to $7,000 per academic year
3. Second Year Foreign Students: Up to $5,000 per academic year
4. First Year Foreign Students: Up to $3,000 per academic year

Loan terms for students of VIU who are US citizens or permanent residents:

1. A grade point average of 3.1 or more
2. Dean's referral
3. Low variable interest rates (subject to change quarterly) tied to Prime Rate (index) plus .50% - 4.00% margin - view current rates
4. Repayment terms of 5 years
5. Option to defer the first payment for six (6) months
6. A convenient automatic payment method

Loan terms for international students of VIU:
The student should have a sponsor in the U.S. who will act as a co-signer on the loan. The co-signer should have an established good credit history and a verifiable income that is reliable and sufficient to re-pay the loan. These loans are available to international students of VIU who have achieved academic excellence.

1. A grade point average of 3.1 or more
2. Dean's referral
3. TOEFL score of 563 (220) or more
4. Low variable interest rates subject to change quarterly) tied to Prime Rate (index) plus 1.000% - 5.00% margin - view current rates
5. Repayment terms of 3 years
6. Option to defer the first payment for six (6) months
7. A convenient automatic payment method

The co-signer must provide the following information:

• Social Security Number
• Gross Annual Salary
• Contact information for a reference

Listed below are some outside sources that provide information on financial assistance to international students:

For additional information, please contact:
Bayarjargal Battulga
Student Loan Officer
Virginia International University
11200 Waples Mill Road, #360
Fairfax, VA 22030
Tel. (703) 591-7042, ext. 345
Fax. (703) 591-7048
This email address is being protected from spambots. You need JavaScript enabled to view it.