College Corner

Need funding for college?

Smart Option Student Loan® for Undergraduate Students

Whether you’re an undergraduate, graduate student, or parent, Get money for school from Sallie Mae®

Student loans from Sharefax Credit Union in partnership with Sallie Mae® could help!

Sallie Mae® higher education loans are designed for the needs of undergraduates, graduate students, and parents.

  • Competitive interest rates
  • Multiple repayment options
  • No origination fees; no prepayment penalty

Borrow responsibly

We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

These loans are made by Sallie Mae Bank or a lender partner. Sharefax Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.

Smart Option Student Loan and graduate loan products: This information is for students attending participating degree-granting schools. Smart Option Student Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans.

Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans.

To learn more or to apply, please get started here.

Scholarship Opportunities

2020 Donald Jeffers Scholarship

Sharefax Credit Union will be awarded three (3) scholarships to graduating high school seniors or current undergraduate college students for the upcoming school year in honor of Donald Jeffers. This year, Sharefax will award one (1) first place scholarship for $2,000 and two (2) second place scholarships for $1,000 each.

Application and essay deadline was Friday February 14, 2020.

The winners will be presented their scholarship award certificates at the Sharefax Annual Meeting on April 5, 2020.

All entrants must be full time students this coming fall and be a Sharefax member in good standing.*

Sharefax employees, directors, vendors and their immediate families are not eligible.

*For complete scholarship rules, click here.

Cincinnati Area Credit Union Outreach Alliance Scholarship

The Scholarship Committee of the Cincinnati Area Credit Union Outreach Alliance invites you to apply for a scholarship. There will be at least eight scholarships awarded at $1,000 each. To qualify, you must be at least a senior in a local high school and plan to enroll in post-high school studies, including vocational, professional and academic studies, which are not limited to colleges and universities. Applicants may also be anyone who is obtaining an Associates or Bachelor Degree. You yourself must be a primary member of an Ohio Credit Union in one of the Cincinnati Chapter area counties to be eligible. (Cincinnati Chapter Counties are: Hamilton, Clermont, Brown, Adams, Butler, and Warren)

Winners only will be notified by email by April 3, 2020.  Names of the winners may be published in the local newspaper after the awards dinner.

Please mail scholarship entry to:

CACUOA Scholarship Committee

C/O Karen Riel

United Methodist Financial Credit Union

431 Ohio Pike, Suite 100N

Cincinnati, OH  45255

Deadline to apply: Postmarked by Friday, February 14, 2020

Ohio Credit Union Foundation Video Scholarship

The Ohio Credit Union Foundation believes in lifting up our Ohio student credit union members who are moving on to higher education through its annual video scholarship. Students can submit a short video for the chance to win one of three scholarships towards college tuition. Applications are being accepted starting now through Friday, May 1, 2020, and we hope you can play a role in promoting this substantial scholarship to your membership.

To qualify for the video scholarship, student applicants must:
– be at least a high school senior;
– be a member of an Ohio-based credit union; and
– plan to pursue an undergraduate degree during the 2020-2021 school year.

Applicants must:
– Create a 1 to 2½-minute video addressing this year’s request:
“Imagine you are now running your credit union, and you need to promote the benefits of membership. Create a 1 to 2.5-minute commercial to entice community members to join your credit union.”

Video entries can be edgy, funny, bold, simple, serious – or anything in between. Entries will be judged on accuracy of information presented, effectiveness in addressing the scholarship question, and originality.

Promotional materials are attached. Please promote this scholarship opportunity in your lobbies, newsletters, website, and on your social media outlets.

Video entries must be submitted online via the Foundation’s website,, by 11:59:59 p.m. EDT Friday, May 1, 2020. The scholarship winners will be announced Friday, May 22, 2020.

Student Checking

  • Maintenance fee free checking until the age of 25
  • No minimum balance requirements
  • Learn more