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Benefit from these features—with any loan used for undergraduate or graduate school expenses

Competitive interest rates

No origination fee or
prepayment penalty

Multiple repayment options

Undergraduate student loan


Your Future Education Loan®

For bachelor’s and associate’s degrees or a certificate at a degree-granting school

Apply for this loan

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Variable or fixed rate
Variable: 2.75% – 10.65% APR
Fixed: 4.74% – 11.85% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Apply to release your cosigner from your loan after you graduate, make 12 on-time principal and interest payments, and meet certain credit requirements.

Loan term: 5 – 15 years of principal and interest payments.

Parent Loan


Their Future Education LoanSM

For parents or other creditworthy individuals who want to take responsibility for financing their student’s undergraduate, graduate, or certificate education at a degree-granting school

Apply for this loan

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Variable or fixed rate
Variable: 5.00% – 11.62% APR
Fixed: 5.49% – 12.87% APR
Lowest rates shown include the auto debit discount

2 repayment options

  • Interest repayment
  • Principal and interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 10 years of principal and interest payments.

Loans for graduate students


Commerce Bank MBA Loan

Pay for your business school expenses as you pursue your Masters of Business Administration degree

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Variable or fixed rate
Variable: 3.75% – 9.40% APR
Fixed: 5.50% – 10.23% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 15-year repayment term of principal and interest payments.

Commerce Bank Medical School Loan

Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine

Apply for this loan

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Variable or fixed rate
Variable: 3.75% – 9.11% APR
Fixed: 5.49% – 9.98% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 20-year repayment term of principal and interest payments.

Commerce Bank Dental School Loan

Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics

Apply for this loan

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Variable or fixed rate
Variable: 3.75% – 9.11% APR
Fixed: 5.50% – 9.99% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 20-year repayment term of principal and interest payments.

Commerce Bank Graduate School Loan for Health Professions

Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health degrees

Apply for this loan

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Variable or fixed rate
Variable: 3.75% – 9.40% APR
Fixed: 5.50% – 10.23% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 15-year repayment term of principal and interest payments.

Commerce Bank Law School Loan

Pay for your school and associated expenses as you study for your law degree

Apply for this loan

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Variable or fixed rate
Variable: 3.75% – 9.16% APR
Fixed: 5.50% – 9.99% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 15-year repayment term of principal and interest payments.

Commerce Bank Graduate School Loan

Pay for your school and associated expenses as you pursue your master’s or doctoral degree

Apply for this loan

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Variable or fixed rate
Variable: 3.75% – 9.40% APR
Fixed: 5.50% – 10.23% APR
Lowest rates shown include the auto debit discount

3 repayment options

  • Deferred repayment
  • $25 Fixed repayment
  • Interest repayment

Borrow from $1,000 up to 100% of the school-certified cost of attendance.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Loan term: 15-year repayment term of principal and interest payments.

Commerce Bank Bar Study Loan

For expenses associated with fees and living costs as you study for the bar exam

Apply for this loan

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Variable rate
Variable: 4.52% – 11.44% APR
Lowest rate shown includes the auto debit discount

Borrow from $1,000 up to $15,000.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Commerce Bank Bar Study Loans are intended to cover expenses not included in your school's cost of attendance.

This information is for borrowers who are enrolled at least half-time in their final year of study at a participating ABA-accredited law school located in the U.S., or have graduated from one within the last 12 months. Borrowers should be sitting for the bar exam no later than 12 months after graduation. Borrowers can be U.S. citizens or U.S. permanent residents or Non-U.S. citizens who reside in the U.S. and apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Commerce Bank Medical Residency and Relocation Loan

For expenses associated with taking board examinations, travel for interviews, and moving for your medical residency

Apply for this loan

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Variable rate
Variable: 4.49% – 10.99% APR
Lowest rate shown includes the auto debit discount

Borrow from $1,000 up to $20,000.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Commerce Bank Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.

To participate in the Commerce Bank Residency and Relocation Loan program, veterinary medical schools are required to be accredited by the American Veterinary Medical Association, medical schools are required to be accredited by the Liaison Committee on Medical Education or the American Osteopathic Association’s Commission on Osteopathic College Accreditation, and podiatric schools are required to be accredited by the Council on Podiatric Medical Education.

This information is for borrowers who are pursuing or have received a M.D., D.O., D.P.M., D.V.M or V.M.D degree. Borrowers must be enrolled at least half time in their final year of study at a participating allopathic, osteopathic, podiatric, or veterinary medicine schools in the U.S., or have graduated from one within the past 12 months. U.S. citizens or U.S. permanent residents are eligible. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Commerce Bank Dental Residency and Relocation Loan

For expenses associated with taking board examinations, travel for interviews, and moving for your dental residency

Apply for this loan

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Variable rate
Variable: 4.49% – 10.99% APR
Lowest rate shown includes the auto debit discount

Borrow from $1,000 up to $20,000.

Get a 0.25 percentage point interest rate reduction when you enroll in and make monthly payments by auto debit.

Commerce Bank Residency and Relocation Loans are intended to cover expenses not included in your school's cost of attendance.

To participate in the Commerce Bank Residency and Relocation Loan program, dental schools are required to be accredited by the American Dental Association.

This information is for borrowers who are pursuing or have received a D.D.S. or D.M.D. degree. Borrowers must be enrolled at least half time in their final year of study at a participating dental school in the U.S., or have graduated from one within the past 12 months. U.S. citizens or U.S. permanent residents are eligible. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.

Your Future Education Loan and Commerce Bank graduate loans: This information is for students attending participating degree-granting schools located in the U.S. Your Future Education Loan information is for undergraduates only. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. U.S. citizens or U.S. permanent residents are eligible. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Their Future Education Loan: This information is for borrowers with students attending participating degree-granting schools located in the U.S. The student is not eligible to be a borrower or cosigner. The borrower, cosigner and student must be U.S. citizens or U.S. permanent residents. The school may refund loan funds directly to the student, and if that occurs, borrower and cosigner (if applicable) would still be responsible for repaying that amount. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.

Interest is charged starting at disbursement, during school and the separation/grace period, and until the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Your Future Education Loan APRs assume a freshman borrower with no other Sallie Mae serviced loans. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Health Professions Graduate Loan, and Graduate School Loan APRs assume 2 years in school.

Loan amount cannot exceed the cost of attendance less financial aid received as certified by the school. Commerce Bank reserves the right to approve a lower loan amount than the school-certified amount.

Borrower or cosigner must enroll in auto debit through Commerce Bank’s servicer, Sallie Mae to receive a 0.25 percentage point interest rate reduction benefit. This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month and may be suspended during periods of forbearance or deferment, if available for the loan.

Only the borrower may apply for cosigner release. Borrowers who meet the age of majority in their state may apply for cosigner release by providing proof of graduation (or completion of certification program), income, and U.S. citizenship or permanent residency (if your status has changed since you applied). In the last 12 months, the borrower must be current on all Sallie Mae serviced loans (including no hardship forbearances or modified repayment programs) and have paid ahead or made 12 on-time principal and interest payments on each loan requested for release. When the cosigner release application is processed, the borrower must demonstrate the ability to assume full responsibility of the loan(s) individually, and pass a credit review that demonstrates a satisfactory credit history including but not limited to no: open bankruptcy, open foreclosure, student loan(s) in default, or 90-day delinquencies in the last 24 months. Requirements are subject to change. Shortest qualification period based on a May 31, 2019 review of national private loan programs offered by publicly-traded competitors.

This repayment example is based on a typical Your Future Education Loan made to a freshman borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 8.44% fixed APR. It works out to 51 payments of $25.00, 119 payments of $156.04 and one payment of $118.97, for a Total Loan Cost of $19,962.73.

APRs for the Principal and Interest Repayment Option may be higher than APRs for the Interest Repayment Option. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. APRs assume a $10,000 loan to a person borrowing for a freshman student.

This repayment example is based on a typical Their Future Education Loan made to a borrower (on behalf of a freshman student) who chooses a fixed rate and the Principal and Interest Repayment Option for a $10,000 loan, with two disbursements, and a 9.50% fixed APR. It works out to 4 payments of $64.95, 115 payments of $131.25 and one payment of $94.39, for a Total Loan Cost of $15,447.94.

This repayment example is based on a typical MBA Loan made to a first-year graduate MBA borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 9.11% fixed APR. It works out to 27 payments of $25.00, 179 payments of $116.19 and one payment of $57.89, for a Total Loan Cost of $21,530.90.

This repayment example is based on a typical Medical School Loan made to a first-year graduate medical borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 8.54% fixed APR. It works out to 81 payments of $25.00, 239 payments of $129.14 and one payment of $25.17, for a Total Loan Cost of $32,914.63.

This repayment example is based on a typical Dental School Loan made to a first-year graduate dental borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 8.82% fixed APR. It works out to 57 payments of $25.00, 239 payments of $117.69 and one payment of $23.23, for a Total Loan Cost of $29,576.14.

This repayment example is based on a typical Graduate School Loan for Health Professions made to a first-year graduate borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 9.11% fixed APR. It works out to 27 payments of $25.00, 179 payments of $116.19 and one payment of $57.89, for a Total Loan Cost of $21,530.90.

This repayment example is based on a typical Law School Loan made to a first-year graduate law borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 8.95% fixed APR. It works out to 42 payments of $25.00, 179 payments of $124.19 and one payment of $77.10, for a Total Loan Cost of $23,357.11.

This repayment example is based on a typical Graduate School Loan made to a first-year graduate borrower who chooses a fixed rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 9.11% fixed APR. It works out to 27 payments of $25.00, 179 payments of $116.19 and one payment of $57.89, for a Total Loan Cost of $21,530.90.

Interest is charged starting at disbursement, while in school, during the nine-month grace period, and until the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $15,000 loan disbursed at the time of the student's graduation from school.

Interest is charged starting at disbursement, while in school, during the applicable grace period of either 36 months after graduation or nine months after withdrawal from school, or attendance falling below half-time status, and until the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.

COMMERCE BANK RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

Information advertised valid as of 1/27/2020.