First Capital FCU announced it will provide members with special access to Edmit, an award-winning provider of innovative planning tools and advising that will help families make smarter college financial decisions.
Credit unions, such as First Capital FCU, are committed to helping members achieve their financial goals -- and paying for college is a significant investment for many students and their families. The new partnership with Edmit will provide First Capital FCU members access to valuable online tools and advice to maximize their college investment. First Capital FCU members are eligible to access Edmit Plus at no cost – typically a $99 value.
“Being able to partner with Edmit aligns with the core values at First Capital”, said Tara Houser; VP of Marketing & Business Development. “We strive every day to put our members financial well-being first and giving them access to use Edmit is another step we’ve taken to ensure our members financial stability.”
Edmit Plus offers members:
- Personalized Advice: Decision support tools and a human touch to help navigate this major emotional financial decision
- Learning Center: Extensive guides, lists, and resources related to paying for college
- Software: Personalized aid and scholarship estimates, calculators, and college recommendations
The information provided from Edmit allows a deeper dive into members’ personalized ‘financial fit scores.’ Edmit will also create accurate estimates of the costs, potential earnings outcomes, and affordability associated with each college.
Edmit helps families get the best price possible, as well as understand how they are going to pay for college by providing a recommendation of what combination of financial and merit aid, savings, work study and loans will be needed to cover college costs.
“We are thrilled that First Capital FCU has aligned with Edmit’s mission of helping families as early as possible in the college search process to determine which schools offer them the best value, how to pay for it responsibly and set students up for success afterwards,” said Sabrina Manville, co-founder of Edmit.
The partnership was made possible through Edmit’s relationship with CU Student Choice, the leading provider of higher education financing solutions and corresponding financial education to America’s credit unions.
“We’re thrilled to bring this powerful resource to credit unions and their members,” said Scott Patterson, President and CEO of Credit Union Student Choice. “Greater transparency early in the college selection process will help families make far more responsible choices and avoid excessive debt. This is a powerful way for credit unions to support their members’ financial wellness and enhance long-term relationships.”