DOY Federal
Credit Union
Tuition
Program
DOY’s Tuition Loan Program offers low-interest financing to help parents cover tuition for diocesan schools across six counties.
How It Works
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Flexible Loan Terms
Loans are extended over 10 or 12 months, making tuition payments manageable.
Direct School Payments
Funds go directly to the school, eliminating monthly collection hassles.
No Extra Fees
Enjoy no application fees, prepayment penalties, or service charges—keeping costs low.
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Tuition Savings Program
DOY offers a tuition-specific savings program with accelerated tier dividends, allowing families to gtestrow their savings faster than standard accounts. This dedicated fund ensures members can set aside money for elementary, high school, or college tuition. Withdrawals must be used for educational expenses, and penalties apply for non-education-related use, encouraging disciplined saving for future tuition costs.
Tuition Savings Program
DOY offers a tuition-specific savings program with accelerated tier dividends, allowing families to grow their savings faster than standard accounts. This dedicated fund ensures members can set aside money for elementary, high school, or college tuition. Withdrawals must be used for educational expenses, and penalties apply for non-education-related use, encouraging disciplined saving for future tuition costs.
Tuition Savings Rates
Tuition Loan Program
Our Tuition Loan Program helps families cover private school tuition with low, affordable interest rates and a straightforward application process. Parents can finance tuition for diocesan schools, while schools receive full payment upfront and families enjoy predictable monthly payments over 10 or 12 months. With no service charges, and flexible options for members with credit challenges, our program is designed to make education costs easier to manage.
Higher Education Signature Loan
For families transitioning from high school tuition to college expenses, DOY offers the Higher Education Signature Loan, an affordable way to continue higher education. This program is available to mortgage and/or auto loan, Big Borrowers, as well as long‑time tuition loan members. Qualified applicants can borrow at 2.99% fixed rate, with funds sent directly to accredited colleges, community colleges, trade schools, and technical programs. It’s a simple, low‑rate solution to help families support their students’ next step in education.
Eligibility & Stipulations
To qualify for a DOY College Tuition Loan, the student must be enrolled in an accredited post-high school institution, including community colleges, trade schools, or universities. Parents can borrow up to $10,000, and all loan proceeds are sent directly to the institution upon receipt of an official bill. DOY operates independently and is not affiliated with the Diocese of Youngstown, ensuring a transparent and member-focused lending experience.