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  College Corner

The student loan process can be challenging - Altra makes it easy with Student Loan information, resources, and loan options for students, graduates, and parents. Contact our Student Loan Department at 800-755-0055 or student@altra.org for more information.


 Preparing for College

The FAFSA (Free Application for Federal Student Aid) is the first step in applying for financial aid, student loans, work study, and most merit-based scholarships. All students, even those who think they won’t qualify for aid, should submit the FAFSA.


 Federal Student Loans

You can designate Altra as your preferred student loan lender
no matter where you attend school. Simply list Altra Federal
Credit Union
as the Lender and 821375 as the Lender code
on your Student Loan Application.


Loan Consolidation

Student Loan Consolidation is available for Altra members with a minimum of $20,000 in outstanding student loans, even if your loans were made, held, or serviced by another financial institution (direct or private loans are not eligible for consolidation). Whether you're repaying one student loan or several, you can consolidate your loans at Altra and:

  • Reduce your monthly loan payment
  • Reduce your loan rate
  • Extend your loan repayment term

Apply for a Consolidtion Loan
At this time, Great Lakes requires all interested borrowers to contact them directly at 1-800-950-0152 to receive loan counseling before completing the Consolidation Application and Promissory Note. Remember to list Altra's Consolidation Lender Code 871375 on your application to consolidate through Altra. For more information, contact Altra's Student Loan Department.


Contact Information

Altra Federal Credit Union
Student Loan Dept: 800-755-0055

Mail your Master Prommissory Note (MPN), PLUS and Consolidation Loans to:
Great Lakes Loan Services: 800-236-4300
Great Lakes Educational Loan Services, Inc.
Alternative Loans: 866-3852-862
P.O. Box 7858, Madison, WI  53707-7858
Federal Consolidation: 800-950-0152