The advantage to students with CFCU loans is they no longer have to wait in line to endorse student loan proceeds checks over to the university.
Most schools nationwide prefer electronic disbursement of loans.
Thus, CFCU can provide this service to any student member attending any participating school. Moreover, the change helps students save hundreds, even thousands, in student loan costs. By making payments on time, borrowers can earn up to a two-percent reduction in the interest rate. This number gives Creighton University and the government the identity of the lender that is administering your student loan. It might not seam like it, but it's an important number.