Student Services

Students Are Important to Affinity Plus

Affinity Plus offers a variety of services and accounts that are designed to help young people establish credit and plan for the future. Membership in Affinity Plus is open to students and alumni of the State University system as well as other eligible groups. Heres a sampling of services that are designed for students:

NEW! Free2BU Checking 

Our Free2BU Checking account is a completely FREE account for student members. This account offers the following  great features and valuable rewards:

• No minimum balance
• No Affinity Plus ATM fees
• Free bill pay, Access Plus online banking, and eStatements
• Free Visa@ debit card
• Free $10 iTunes gift card at account sign up

To receive the benefits of this account, you must use your debit card 20 or more times a month and enroll in online banking and bill pay. Plus, every month that you meet these requirements, you will receive a $5 gift card for Target, Best Buy, Blockbuster, or AMC Movie Theaters. Or if you prefer, you can receive a $10 gift card every two months for iTunes or an Affinity Plus Visa Gift Card.

Need a Personal Computer?

NEW! Free2BU™ PC Loan

The Free2BU PC Loan is a great option for students looking for an additional way to finance a new computer for school. Plus, students have an opportunity to lower the interest rate on the loan over time with good performance in school.

How it works:

• This loan offers a 9.90% Annual Percentage Rate and has terms up to 36 months.
• No credit is needed.
• You must have a Participation Checking™ account.
• Students can lower their rate up to 2% each year by earning a "B" average.

If you are interested in any of these services, let us know! Give us a call at (651) 291-3700 locally or (800) 322-7228 if you are in greater Minnesota. Or drop us an email with your question at affinityplus@affinityplus.org

Student Choice Private Loan

Paying for college is a challenge that many students face. We recognize that as your credit unions and we would like to make it easier for you to pay for your education by filling in the gaps that exist after your federal aid has been exhausted. If you find out after you complete your FAFSA that federal financial aid will not cover the full cost of your school expenses, the Affinity Plus Student Choice Private Loan is a great option to help you pay for your complete education.

The Student Choice Private Loan offers the following great features:

• One application for your entire 4-year college experience.
• No origination fees or administrative costs.
• Low, stable interest rates.
• Borrow up to the full cost of attendance every year.
• Deferred payment so you can stay to pay your student loan after you graduate.
• Flexible grace period before repayment begins.
• Affordable payment plans.
• .25% rate reduction for automatic payment.
• Optional release of co-borrower with on time payments for 48 months.

Follow these easy steps to get started:

1. Apply online at www.affinityplusstudentloans.org . The application is easy and it only takes about 10 minutes to complete. You will then receive an instant conditional approval.
2. After getting your conditional approval, follow the instructions and submit the requested information such as W-2’s and personal identification.
3. You will then receive a letter from Affinity Plus indicating your approval and the dollar amount and disbursement date for your loan. The disbursement is sent directly to your school, and the extra amount will be available to you by contacting your financial aid office.
4. After your first year of school, simply fill out a draw request to take additional disbursements for the following years of school for up to five years.

Visit www.affinityplusstudentloans.org for more details and valuable information about paying for your college education. We know how expensive a college education can be. You do not need to worry about how you’re going to pay for college. Affinity Plus is here to help you so that you can focus on what matters—your education.

VISA card

A credit card can come in handy for emergencies (car repairs, unexpected travel, etc.) as well as every day purchases such as gas and groceries. Our Platinum Rewards Card is individualized to meet your needs, whether you want to begin establishing credit or would like to transfer your high-interest credit card debt. And what’s even better is that the rates start out as low, between 9.90% and 17.90%, APR* and will never increase! If your credit score improves through successful debt management, we will lower your rate for you. In addition, you will earn reward points for every dollar you spend which can be redeemed for brand name items such as electronics, accessories, and travel. Click here  for full Visa disclosures.

Student's Choice Line of Credit

Let Affinity Plus help you reach your education dreams and goals! The new Students Choice Line of Credit at Affinity Plus can help provide you with the resources necessary to finish your degree. The Students Choice Line of Credit offers tax-deductible interest with a $1,000 to $30,000 line of credit, a low fixed APR and 60-month term with manageable monthly payments. Use your Student's Choice Line of Credit for educational expenses, such as tuition, fees, room and board, books or equipment. Now is the time to start preparing for those college bills next semester! Expenditures made with the Students Choice Line of Credit must be for qualified expenses. Tax deductibility is dependent on various factors. Consult your tax advisor for details.

Apply Online Today in the "Consumer Loan Selector" under "Personal Loans"!
Compare Our Loan Products

Student Loans

An education is expensive and we can help. Affinity Plus offers Federal Stafford Loans as a beneficial resource for our student members. This type of loan is serviced by the federal government, not Affinity Plus. When members use Affinity Plus’s lender code 829928 on the Federal Student Aid application to signify Affinity Plus as their financial institution, the student will not pay an origination fee. Typically, origination fees are 3% of the loan balance. The student will make payments to the federal government and only see the government as the owner of this loan. Application materials are available at any branch location, the financial aid office at your school, or online at http://www.fafsa.ed.gov/.

STAR bank-by-phone

With any touch-tone phone and a PIN, you can check balances, transfer funds, apply for a loan, verify which checks have cleared and more, 24 hours a day, 7 days a week.

It's like having your own personal branch right in your computer, 24 hours a day, 7 days a week. Use Access Plus to:

• Get information about balances, deposits, withdrawals, and checks that have cleared.
• Download transaction history into Quicken, Microsoft Money, or Excel software.
• Transfer money between accounts.
• Estimate a loan payment and apply for a loan.
• And much more!

Family Members Can Join Too

Family members of students are eligible to join Affinity Plus as well. We have 22 offices around the state to serve your needs. In addition to the student services, we offer a complete line of mortgages and real estate loans, auto, investment and savings programs, and other electronic services to meet your financial needs. With your own account and PIN, it is very easy to transfer funds to your students account via Access Plus or STAR at anytime. Ask us for details today!