Private Student Loans
for Medical and Graduate Students
Private student loans are financing options for education that can either supplement
or replace federal student loans. Private student loans are offered by many banks
and credit unions.
Interest rates, repayment plans and other conditions can vary between lenders so it
is important for medical and graduate students to research private student loan options
Private student loans can be borrowed up to a medical or graduate program's cost of attendance minus other financial aid (loans, scholarships and federal work study) awarded.
Rates and Fees
Lenders may offer variable and fixed interest rates for private student loans.
Loan repayment grace periods for private student loans vary by lenders.
- Many allow up to six months after student graduates or ceases to be enrolled at least
Private Student Loan Resources
Our financial aid office has multiple helpful resources for graduate and medical students
considering private student loan options:
Prospective and current students may contact the financial aid office to discuss student loan options.