Taking part in a special “Student Lending Fair,” Pennsylvania credit unions will be showcasing to lawmakers and policymakers next week what they see as an enlarged role in student lending amidst the ongoing state budget cutbacks.
The program with CUs exhibiting their newly enhanced student loan programs will be held April 13 in the Pennsylvania capitol rotunda under sponsorship of the Pennsylvania Credit Union Association and CU Student Choice, a Callahan & Associates CUSO.
“As the state and federal governments reduce funding for higher education, Pennsylvania credit unions are providing much-needed financing for students in public and private four-year colleges and universities as well as graduate schools,” the PCUA said.
At least six CUs will have representatives in the capitol rotunda “exhibiting the various types of loans they make available to Pennsylvania college students. In addition to the six exhibiting credit unions, many other credit unions offer much-needed financing to enable students to pursue their higher education,” the association said.
The six CUs are the $166 million AmeriChoice FCU in Mechanicsburg, the $130 million Discovery FCU in Wyomissing, the $75 million Keystone FCU in West Chester, the $34 million Glatco CU in Spring Grove, the $67 million Heritage Valley FCU in York and the $119 million New Cumberland FCU in New Cumberland.