Graduate Private Student Loans

Are scholarships and federal loans are not enough to cover the cost of graduate school? The Graduate School Loan will help you bridge the gap between federal financial aid and the true cost of a graduate education. Created especially for graduate students like you with unmet financial need, our Graduate Student Loan program will help you achieve your professional and educational goals.

You can use a grad school loan to cover any education related expenses, including, student computers, books and room and board. Additional Benefits include:

• Fast online approvals, high approval rating
• Low interest rates, high annual maximums
• No application fee or out-of-pocket expenses
• Full deferment until you leaves school with a variety of repayment options
• 6 month grace period before repayment begins
  

How do I qualify?

You must be a U.S. citizen or permanent resident with a valid permanent-resident card or an international student applying with a U.S. citizen or permanent resident co-borrower;
Be at least 18 years old, or the age of majority in your state;

• Be enrolled at least half time at an eligible college or university;
• Meet our criteria for creditworthiness. If you do not meet our criteria, please consider applying with a creditworthy co-borrower.
  

How much can I borrow with a graduate student loan?

• Annual minimum of $1,500
• Annual maximum of the lesser of $50,000 or cost of attendance minus other aid
• Annual maximum of the lesser of $70,000 or cost of attendance minus other aid for Dental, Law, Medical, Osteopathic and MBA Loans
  

What else sets the GradLoans Graduate Student Loan apart from the rest?

Full deferment and forbearance options available while in school, working towards a residency or internship, unemployed or experiencing an economic hardship, serving in the military or needing an administrative forbearance. Other benefits include:

• Low minimum monthly payment of $50
• No prepayment penalties
• 24/7 online account access
• Fees as low as 0%
  

What is my interest rate going to be?

In school interest rates range: LIBOR + 4.95% - 7.75%, depending on the credit of you/ your co-signer and the repayment option selected.

Repayment rates range: LIBOR + 5.5% - 7.75%, depending on the credit of you/ your co-signer and the repayment option selected.

Remember, most students need a co-signer. And adding a qualified co-signer usually helps your chances of being approved and receiving the best interest rate.

Annual Percentage Rate (APR) and Repayment Example:

If you borrowed $10,000 in a single installment, the 3-month LIBOR remained constant at 2.68% (as of July 1, 2008) and you had a 24-month combined in-school and 6-month grace period with a 240-month repayment period, your possible APR and repayment schedules are shown below. Your annual percentage rate may increase or decrease after consummation.

Hayward Pool Pumps