Graduate Loan
Borrow what makes sense.
Graduate school students who are working towards an advanced degree or certificate face the daunting task of paying for increasing tuition and fees. The Educated Borrower® Graduate School Loan meets this challenge by allowing qualified students to borrow the entire cost of their graduate degree less other financial aid. A qualified student borrower, or a student borrower with a qualified co-signer, may borrow up to $60,000 per year and $180,000 in total over three years, subject to the total cost of attendance at your school.
No preset maximum income limits.
The Educated Borrower® Graduate Loan is not based on financial need, which means we'll never dismiss your application because you make more than a certain amount. Every family's needs and finances are different, and we have designed our graduate loan program accordingly.
No depletion of current funds necessary.
We recognize an advanced degree is a substantial long-term investment that can pay dividends for a lifetime. In response, we offer repayment terms of up to 15 years, resulting in lower monthly payments (to see a comparison of our loan terms, please click here). The Educated Borrower® Graduate Loan can provide an alternative to liquidating tax-deferred savings such as 401(K) accounts, taking out home equity loans or borrowing with high-interest credit cards.
Repay When It Makes Sense.
Our loan terms allow students to complete their graduate education and defer all loan payments until 180 days following graduation, or when enrollment falls below half time. There are never any prepayment penalties with The Educated Borrower® Graduate Loan.
Applying for a Graduate School Loan is Simple.
Graduate students may obtain The Educated Borrower® Graduate Loan with their own credit or use a qualified cosigner. Furthermore, there are no application fees or other out-of-pocket expenses to apply.
Students can finance tuition and fees, room and board, books and supplies, transportation and living expenses and head towards a rewarding graduate degree or certificate.
As with any private education loan, you should exhaust federal loan options before taking out any private education loan.
Important Note: Loan terms are subject to change at any time and funds cannot be guaranteed prior to final credit approval and the return of a completed application (including a signed application and promissory note and acceptable supporting documents)