Variable Rate Student Loans of Novation Credit Union in MN

Novation Credit UnionIf you want to ease the strain on college education, Novation Credit Union’s Private Student Loan will help especially when the scholarships, grants, federal aid and other financial aid are not enough to cover your education costs.

The private loan is designed with a low variable rates of 5.25%, deferment payment options, zero pre-payment penalty fee and no origination fee. The students can borrow up to $75,000.


Founded in 1954, Novation Credit Union is a member-owned financial cooperative providing full-line banking services to its 11,000 members in St. Paul, Hutchinson and Oakdale, MN.

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  • 500 Imperial Avenue, Oakdale, MN 55128, 651.739.8080
  • 1250 Highway 15 South, Hutchinson, MN 55350, 320-587-4666
  • 3M Center Building 222-01, Room 1K16, St. Paul, MN 55144, 800-369-6628

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