Maine Electrical Institute Student Financing Program

POWER YOUR FUTURE

Provided by cPort Credit Union

cPort Credit Union is the Official Financial Assistance Partner of MEI.

cPort has partnered with Maine Electrical Institute (MEI) to provide financial assistance for students beginning a career as an electrician. Through our MEI Student Financing Program, MEI students can access loans of $2,250 for limited courses or up to $6,800 for the maximum course option.

As a cPort Member, you’ll receive benefits designed to support both your training and your career journey. The program also offers competitive terms and rates, and the rate shown already includes a 1% discount from cPort’s personal loan base rate.

MEI Student Financing Loans

Effective as of April 1, 2026

Term	As Low As
Up to 12 Months	6.99% APR
Up to 24 Months	7.50% APR
Up to 36 Months	8.99% APR
APR = Annual Percentage Rate. Stated rate is based on certain creditworthiness criteria. Minimum loan amount $2,250. Maximum loan amount $6,800. For a loan with a 6.99% APR and a 12 month term, the monthly payment will be $86.47 per $1,000 borrowed.

Stephen Teng

Branch Manager

+1 (207) 253-4106 | [email protected]

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Discover The Benefits of a cPort Membership

Since 1931, cPort Credit Union has served members with low rates, more savings, and creative financial solutions. Make cPort your financial partner and enjoy the rewards of being part of a local credit union.

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