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New Teacher Loans

A Loan That Helps New Teachers Get Started

Our New Teacher Loan is designed to help new teachers—just out of school or starting at a new district—cover their expenses during the first year of contract. With a low, fixed rate and terms up to 36 months, this personal loan allows new teachers to focus on their students and not worry about their finances.

Plus, there are no restrictions on the use of funds, so you can update your technology, pay moving expenses or purchase classroom supplies as needed.

Who's Eligible?

You don't have to be a recent graduate to qualify! Our New Teacher Loan is available to teachers who are brand new to teaching and to seasoned teachers who recently transferred to a new school district.


  • Low, fixed-interest rate of 10.50% APR* for the life of the loan
  • Terms up to 36 months
  • Loan amounts range from $500 - $5,000

Plus, when you open a New Teacher Loan, you also become a Georgia United Credit Union member. Membership gives you access to a wide variety of products and services for every stage of life including low interest rate loans, reduced fees and higher savings rates.

*APR = Annual Percentage Rate. For example, a term of 12 months: estimated payment of $88.92 per $1,000 borrowed. This rate is in effect as of March 21, 2024. All loans subject to credit approval. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Teachers must have a signed contract and be in their first year of teaching with the school district.