BNA Federal Credit Union offers educational bridge loans not to exceed $1,000 for each loan. The loan rate will be one percent above the current signature loan rate. Tuition aid loans will be limited to employees who cannot obtain any other type of credit union loan. Preference for tuition aid loans will be given to undergraduate degree for employees in the lower grade classifications.

Tuition Aid Loan features and terms

• To qualify for a loan under this program, a BNA employee must be eligible for tuition aid from BNA.
• Be registered at an accredited school.
• Loan payments are processed through IBI Merchant Services.
• Is ineligible to receive a regular BNA FCU loan.
• Qualify for advance payments from BNA under the Tuition Aid Program.
• Loan term will be for 13 payments, or 26 weeks.