Press

Mid-Hudson Valley Federal Credit Union Helps Students Prepare for the High Costs of a Higher Education

PO Box 1429, Kingston, NY 12402
800-451-8373    www.MHVFCU.com
Contact:  Sarah Lipkin, Marketing Publicist, 845-336-4444 x3375, slipkin@MHVFCU.com

Mid-Hudson Valley Federal Credit Union is now offering two new resources to help save time, money and headaches when it comes to college expense planning. Available 24/7, only at MHV, are Collegiate Funding Solutions FREE personalized college financial planning tool and CU Student Choice low-rate private loan solution.

MHV is the only financial institution in the Hudson Valley to offer the both the CFS planning tool and the CU Student Choice low-rate loan option. In the midst of ongoing economic turmoil, escalating attendance cost, and increased price of student supplies these two services are needed now more than ever! “It’s all a perfect fit and we are very excited to offer this great value to our community through our MHVFCU.com web site,” said Bob Michaud, senior vice president/chief marketing officer at MHV.

The Collegiate Funding Solutions Tool is a FREE virtual counseling session for MHV members (available for $149 to non-members) that compiles information from consumers to provide them with a report that gives suggestions and tips on how to prepare for the cost of college and how to reduce its out-of-pocket cost. The report compiled by CFS estimates the potential cost for college based upon potential college choices. The report also goes through options to help fund the potential college costs such as grants, scholarships, investments and loans.

The MHV CU Student Choice low-rate college loan helps to fill the gaps that scholarships and federal funding can leave behind. With increasing attendance costs the need for a private loan solution is typical however most private loan options come with a high price tag. Along with low rates, MHV’s CU Student Choice loan allows for payment to be fully deferred while in school and flexible repayment options. The loan also gives the student a full Line-of-Credit (LOC) which can be used over multiple years.

To access the CFS Tool and for more information on MHV’s Student Lending Services visit: http://www.mhvfcu.com/studentlending or call 800.451.8373.

MHV is a member-owned, credit union serving individuals and businesses throughout Ulster, Dutchess and Orange counties. Since 1963 MHV has helped to make our members lives easier by providing complete and convenient financial solutions because we provide a member experience driven by innovative technology, reliable service and easy access.  MHV provides a wide array of personal and business banking solutions, low rate financing, and convenient e-Services to our members.


More News