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MSU Federal Credit Union is promoting a "Bowl Loan" for fans who need extra cash to go see the Michigan State University football team play Stanford University in Pasadena on New Year's Day.

(Melissa Anders | MLive)

LANSING — As Spartan fans consider emptying their savings accounts to pay for a trip to the Rose Bowl, a Lansing area credit union is offering up a special loan to cover the cost of the pricey trek.

MSU Federal Credit Union is promoting a Bowl Loan for fans who need extra cash to go see the Michigan State University football team play Stanford University in Pasadena on New Year's Day.

"This may be an expense you’ve not saved up for, but as a Spartan fan you really want to attend, and this offers a great opportunity at a low cost that our members can use," said MSUFCU spokeswoman Sarah Bohan.

The East Lansing-based credit union has offered bowl loans in the past. They're similar to short-term holiday and back-to-school loans, Bohan said.

Interest rates are as low as 6.9 percent for up to 18 months, with a minimum loan amount of $1,000. Fans who take out a $1,000 loan and make monthly payments of $58.64 for 18 months would end up paying $55.51 in interest.

One grand would barely cover the cost of plane tickets from Detroit to Los Angeles, as airfare has spiked beyond $1,100 for most flights leaving Dec. 29 and returning Jan. 2. Add hotel, transportation and a game ticket to the mix, and the total cost would easily surpass $2,000.

PrimeSport is offering a package with airfare from Lansing, four nights' accommodation, a game ticket, transportation, a Rose Parade seat and a pre-game hospitality event for $3,445 to $4,135, based on the number of guests per room.

The MSUFCU loan is available to members through Jan. 31. Fans who aren't members but are interested in the loan can contact the credit union to see if they're eligible to join, Bohan said. MSUFCU has more than 180,000 members and more than $2.5 billion in assets.

Email Melissa Anders at manders@mlive.com. Follow her on Google+ and Twitter: @MelissaDAnders. Download the MLive app for iPhone and Android.