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