Market Overview

Northeast Technical Institute (NTI) Announces Partnership with the University Credit Union (UCU)


New partnership gives staff, students and alumni of NTI financial banking benefits with UCU

Scarborough, ME (PRWEB) April 20, 2010 -- Northeast Technical Institute recently announced that its alumni, students and employees were recently added to UCU's field of membership. University Credit Union is a unique financial solution for the students, employees and alumni of Maine's University System and their immediate family. They provide a full array of financial products to their members, including real estate & consumer loans, business deposit & loan solutions, high-yield checking accounts, eAlert notifications, mobile banking and private education loans.

The partnership also gives qualified NTI students a valuable resource for paying for their education with UCU's private education loan program. The loan program has many features that benefit the student including interest rates that start at just 2% above the prime rate. Additionally, the first payment of the loan is not due until 6 months after the student graduates. UCU's education loans are available in loan amounts from $1,000 up to a student's total certified cost of $15,000. The loan program also features competitive interest rates that reward responsible borrowers.

"We're pleased to be able to offer this loan program through the University Credit Union to help students pay for their education with us," said NTI President and CEO, Jim Liponis. "Especially in this economic environment, with more families struggling this year to find financial resources, the private education loan program offers an affordable option to help families finance their education."

Since 1967 UCU has been a local, not-for-profit financial institution who's focus has been serving the students, employees and alumni of Maine's University System. UCU has offices in Orono, Bangor, Farmington and two locations in Portland, along with a complete suite of online tools and resources. For more information about UCU, visit their website at

About Northeast Technical Institute

NTI is a private post-secondary institute headquartered in Scarborough, Maine. With two campuses in Maine and one in Massachusetts, it is the mission of NTI to dedicate itself to providing each student comprehensive training and career support services; continue to develop the highest quality, short-term educational programs that gives each student the necessary skills to obtain employment upon graduation; recognize the importance of every student's learning needs and provide individual assistance to help the student achieve his/her goals.

NTI offers a variety of certificate and career diploma courses in fields including Allied Health, Information Technology, Heating and Air Conditioning and Professional Transportation. NTI offers these courses in multiple formats including instructor led training, online learning and a combination of the two. NTI has graduated and helped to place thousands of students since it was founded in 1995.

To learn more about Northeast Technical Institute, visit or call (800) 447-1151.

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