Get Inspired
A hub of stories, knowledge and resources that help shape financial futures and a better community.
Because You Are Enuff™, we’re here to help you achieve even more.
College costs can add up fast—but your future is worth investing in. Whether you're heading off to school or managing loans after graduation, orsa credit union is here to help you stay on track. With private student loans and refinancing options designed to fit real life, you can focus more on your education and less on how to pay for it. It’s one more way we’re helping Michiganders build a future full of possibility.
Private Student Loans
Student loans
Our innovative Student Choice private student lending solution is designed to help you responsibly fill funding gaps that may remain after you've exhausted lower-cost sources of aid.
Benefits of our solution
- Available for undergraduate and graduate students
- Competitive fixed and variable interest rates
- Secure funding from our line of credit even if you're unsure of your college or exact funding needs
- Potentially reduce your rate by 0.25% by enrolling in automatic electronic payments during repayment
- Multiple repayment & in-school deferment options
- Borrow locally from a for-impact credit union you can trust
Fill Funding Gaps
Apply for a private student loan today
Our innovative Student Choice private student lending solution is designed to help you responsibly fill funding gaps that may remain after you've exhausted lower-cost sources of aid.
Student Loan Refinance
Student loan refinance
Take control of your student loan repayment! Refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment and potentially lowering your rate.*
Benefits of our solution
- Competitive interest rates
- Flexible repayment terms to fit your needs
- Potentially reduce your rate by 0.25% by enrolling in automatic electronic payments during repayment
- Borrow locally from a for-impact credit union you can trust
Scholarships
Scholarships
Scholarships that invest in you
College and career education unlock your future, and we're dedicated to helping you reach it. Our scholarships support young adult members working toward university degrees, trade certifications, technical skills, and professional development, because your goals deserve real backing.
Ignite your Impossible Dreams
Guide
Cost Effective Alternatives to Streaming Services
With average monthly spending on streaming creeping up towards $100, it’s no wonder many are looking for alternatives to streaming services they’re tired of paying for. Here, we’ll break down both alternative streaming services that can lower your costs and ways to fully replace streaming with alternatives. You might be surprised at how much you can save by taking advantage of alternatives.
Guide
How to Easily Cancel Your Subscription Services
Here, we’re laying out how to find subscriptions, cancel them, and avoid getting stuck with too many expensive subscriptions you don’t need in the future. Taken together it’s a few easy steps that can make a serious difference in your day-to-day finances… and your financial future.
Guide
How to Save Money on Streaming Services
With Americans now spending around $70 a month on services like Netflix and HBO, plenty of Michiganders are wondering how to save money on streaming services. Even if you like and watch the services you have, there are practical ways to cut those monthly bills. Below, we explain how.
grow & give
Your spare change was meant for more
Round up your debit purchases to build your savings effortlessly—while supporting the causes and charities that matter to you!
Loans From orsa
Other loan options
Looking for a different kind of loan? We offer a wide range of borrowing solutions to fit your needs, including personal loans, home equity lines of credit, and more.
Frequently Asked Questions
Student Loan FAQ
Understand the different costs of college and learn more about the different ways you can save.
Yes, you can refinance both federal and private student loans through orsa credit union. Refinancing allows you to consolidate your loans into one, potentially lowering your interest rates and simplifying your payments. However, keep in mind that refinancing federal student loans may cause you to lose certain borrower benefits, such as income-driven repayment plans or loan forgiveness options.
To qualify for a private student loan or refinancing, you will need to meet certain eligibility requirements, which may include:
- A satisfactory credit history or a co-signer with strong credit (for first-time borrowers or those with limited credit history)
- Proof of enrollment in an accredited school or program (for student loans)
- A stable income or co-signer (for refinancing loans)
- U.S. citizenship or permanent resident status.
Our team is happy to guide you through the application process to help you determine your eligibility.
Repayment terms for private student loans typically range from 5 to 20 years. You can choose a term that works best for your budget and financial situation. We offer flexible repayment options, including in-school deferment, and allow you to select a plan that aligns with your income and loan amount. Our team will work with you to find the best plan based on your needs.
No, there are no fees for applying for a private student loan or refinancing with orsa credit union. Additionally, we do not charge prepayment penalties if you choose to pay off your loan early. We believe in giving you the flexibility to manage your loans in a way that works best for your financial goals.
Because we’re driven to help our members ignite their Impossible Dreams, we also support members with yearly scholarships toward college and technical school education. Learn more here!
You are Enuff®
Looking to make your Impossible Dreams possible? Your membership can help make it happen!
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
