Understanding FAFSA and How MMCCU Can Help Fill the Gaps in College Funding

Marshfield Medical Center Credit Union > Blog > Understanding FAFSA and How MMCCU Can Help Fill the Gaps in College Funding
fafsa student aid
The 2025–2026 FAFSA is now available at fafsa.gov, providing students the opportunity to secure federal financial aid for the upcoming academic year. Filing the Free Application for Federal Student Aid (FAFSA) is a crucial first step for students and families planning for college expenses. It determines your eligibility for federal grants, work-study programs, and student loans. Submitting your FAFSA early ensures you’re in the best position to receive available aid.

However, even with federal assistance, some families may find a funding gap between tuition costs and available aid. That’s where MMCCU steps in to help.

Filling the Gap: MMCCU’s Partnership with ISL Education Lending

MMCCU partners with ISL Education Lending, a nonprofit organization with decades of experience, to provide private loan options and student loan refinancing. These solutions are designed to be affordable and accessible for families who need additional financial support to meet education costs.

ISL Education Lending Offers:

  • Loans for College Students: Tailored specifically for undergraduate and graduate students to bridge tuition gaps.
  • Family Loans: Options for parents or family members who want to borrow on behalf of a student.
  • Student Loan Refinancing: Multiple refinance plans to help graduates and families lower their monthly payments or reduce interest rates on existing loans.

Planning Beyond Loans: Scholarships and Tools for Smart Borrowing

In addition to loans, ISL Education Lending provides:

  • Scholarship Opportunities: Competitive scholarships to directly reduce education costs.
  • Free College Planning Tools: Resources to help students and families avoid overborrowing and create a financial plan for college and beyond.

By taking advantage of these offerings, students can make informed decisions and minimize debt.

Important Notes for Borrowers

Before considering a private loan:

  1. Complete Your FAFSA: The FAFSA opens doors to federal aid options, which are often more favorable than private loans.
  2. Consult Your College’s Financial Aid Office: Work closely with your institution to explore and exhaust all available grants, scholarships, and federal loan options.

All loans offered by ISL Education Lending are subject to credit approval.

Ready to Take the Next Step?

Visit ISL Education Lending to learn more about their offerings and how they can support your educational journey. MMCCU is here to help you navigate the financial side of college, ensuring you have the resources you need to succeed.

*MMCCU is compensated by ISL Education Lending for the referral of student loan customers.

Start your FAFSA today at fafsa.gov and take control of your college funding journey! Contact our team with questions!