The University Credit Union is a student loan from University Credit Union. Application typically pulls a hard report from Experian. The ongoing APR is Variable interest rate based upon an index of the Wall Street Journal (WSJ) Prime Rate plus a specified margin; adjusts on the first day of each calendar quarter. Typical credit limit: Minimum $1,500 per academic year; up to $40,000 per academic year (maximum aggregate $200,000 per student or guarantor). Loan terms: 3 repayment options: Principal and Interest, Interest only payment until the end of the in-school period, and deferred payment until the end of the in-school period.