Is there any penalty for early payment on a Rutgers USA FCU Private Education loan?
A. No, there is no penalty. You can pay off a loan at anytime, even if you are still enrolled in school. Q. I am a foreign student attending a Rutgers University; can I still apply for a Rutgers USA FCU Private Education loan? A. Yes. You will need to have a qualified, creditworthy cosigner who is a U.S. citizen or a permanent resident and who has been residing in the U.S. for the previous two years to be approved.