Michigan Schools & Government Credit Union
Michigan Schools & Government Credit Union
Michigan Schools & Government Credit Union Go to main content
Home > For Educators & Government Employees> Classroom Loan

Classroom Loan

Too often, teachers spend their own money on supplies for their classrooms, which is why Michigan Schools and Government Credit Union (MSGCU) created the 0% Classroom Loan for supplies.

This loan enables teachers to set it right and purchase supplies with up to $500 at a 0% APR.* Teachers are welcome to visit any of our locations to apply for the Michigan Schools and Government Credit Union Classroom Supplies Loan.

The Classroom Loan for Teachers Features...

  • 0% APR* interest rate
  • Up to a 10-month term
  • $500 maximum amount
  • No fees

Additional Information...

  • Limit one Classroom Loan per teacher per year
  • Available for new and existing members who are certified teachers

Requirements...

  • Proof of teaching certification and employment
  • Must be able to qualify for a $500 personal loan
  • Must apply in person

*Annual Percentage Rate. Credit subject to approval. Normal credit standards apply.

Classroom Loan
$500 maximum amount
TermAPR*
Up to a 10-month term 0.000%

Example: A loan amount of $500.00 at 0.0% for 10 months would have a monthly payment of $50.00.

*Annual Percentage Rate. Credit subject to approval. Normal credit standards apply.

Go to main navigation