Ohio Catholic Federal Credit Union’s commitment to Catholic education extends to our tuition loan programs.  Ohio Catholic introduced the tuition payment program in 2003 in response to the need for a financial institution that would support the Catholic community, Catholic values, and Catholic education.  Most financial institutions do not offer tuition loans for high school and grade school education.  With a loan from Ohio Catholic, the money stays within the Diocese of Cleveland, Schools benefit from having tuition monies at the beginning of the school year, and parents of students benefit from having manageable monthly payments.  Ohio Catholic has both In-Network and Out-of-Network tuition loan programs.

• Low, Fixed Interest Rates (Rates are not determined by credit scores)
• Financing Terms 10-12 Months
• No Prepayment Penalties
• Easy Application Process – online, in-person, by phone or through In-Network school office
• Fast Approvals
• Easy payment options include: automatic payments from your account or your paycheck, online banking bill pay, mail-in, or in-person at any Ohio Catholic branch
• Convenient at school In-Network loan signing events

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The In-Network Catholic Tuition program offers tuition loans with low rates for a 10-12 month period.  Each Individual school decides if they want to join Ohio Catholic’s In-Network Catholic Tuition Program.  In-Network loans are approved with the partnership of the school.  If your school is not part of the In-Network program, please contact the school and ask them to join Ohio Catholic’s Tuition Payment Program.  Our In-Network tuition partners include the following high schools and grade schools:

All In-Network tuition loan participants are entered in Ohio Catholic’s Tuition Forgiveness drawing where one month of tuition loan payment is forgiven (up to $500).  There are 10 Tuition Forgiveness Winners each school year.

The Out-of-Network Tuition program is available to help pay for tuition of any educational level offered by an accredited school.  This program is for parents of students attending Catholic high schools and grade schools in the Cleveland Catholic Diocese that do not participate in Ohio Catholic’s In-Network Catholic Tuition Payment Program.  You may also apply for an Out-of-Network tuition loans to pay for non-Catholic denominational schools, pre-K schools, supplemental educational schools, trade schools, technical schools, or higher education institutions. This program offers tuition loans with low rates for a 12 month period.

Smart Money Tip – With an Ohio Catholic tuition loan, funds will be given to the schools at the beginning of the school year thus participants can take advantage of any pay-in-full tuition rebate programs the school may offer.

Smart Money Tip – Simplify your life and protect your credit score by having payments automatically withdrawn from your account.

Smart Money Tip – Tuition loans are an easy way to help your credit rating.  Activity is reported to the credit bureau on a monthly basis.

Smart Money Tip – A Catholic education is an investment in the future.  The Cleveland Catholic Diocese Education System offers an excellent education.  See Why Choose a Catholic Education.