Undergraduate
Lowest rates shown include the auto debit discount.footnote 1
Lowest rates shown include the auto debit discount.footnote 1
Term: 10-15 years of principal and interest payments
Fixed rates: 3.45% – 15.99% APR
Variable rates: 4.37% – 14.71% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year in-school period, it works out to a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67 and one payment of $121.71, for a Total Loan Cost of $23,134.44. For a borrower with $20,000 in prior loans and a 2-year in-school period, it works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53 and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Lowest rates shown include the auto debit discount.footnote 1
Term: 20 years of principal and interest payments
Fixed rates: 3.45% APR − 14.98% APR
Variable rates: 4.37% APR − 13.96% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 Medical School Loan with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 81-month in-school and separation period, it works out to 9.74% fixed APR, 81 payments of $25.00, 238 payments of $153.25 and one payment of $114.28, for a total loan cost of $38,612.78. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 20 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 20 years of principal and interest payments
Fixed rates: 3.45% APR − 14.98% APR
Variable rates: 4.37% APR − 13.97% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 Dental School Loan with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 57-month in-school and separation period, it works out to 10.13% fixed APR, 57 payments of $25.00, 238 payments of $137.50 and one payment of $119.30, for a total loan cost of $34,269.30. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 20 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 15 years of principal and interest payments
Fixed rates: 3.45% APR − 14.99% APR
Variable rates: 4.37% APR − 13.98% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 MBA Loan with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 27-month in-school and separation period, it works out to 14.78% fixed APR, 27 payments of $25.00, 178 payments of $178.22 and one payment of $98.65, for a total loan cost of $32,496.81. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 15 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 15 years of principal and interest payments
Fixed rates: 3.45% APR − 14.99% APR
Variable rates: 4.37% APR − 13.97% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 Law School Loan with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 42-month in-school and separation period, it works out to 14.29% fixed APR, 42 payments of $25.00, 178 payments of $199.90 and one payment of $177.66, for a total loan cost of $36,809.86. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 15 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 15 years of principal and interest payments
Fixed rates: 3.45% APR − 14.99% APR
Variable rates: 4.37% APR − 13.98% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 Graduate School Loan for Health Professions with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 27-month in-school and separation period, it works out to 14.78% fixed APR, 27 payments of $25.00, 178 payments of $178.22 and one payment of $98.65, for a total loan cost of $32,496.81. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 15 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 15 years of principal and interest payments
Fixed rates: 3.45% APR − 14.99% APR
Variable rates: 4.37% APR − 13.98% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Example of a typical transaction for a $10,000 Graduate School Loan with the most common fixed rate, Fixed Repayment Option, and two disbursements. For borrowers with a 27-month in-school and separation period, it works out to 14.78% fixed APR, 27 payments of $25.00, 178 payments of $178.22 and one payment of $98.65, for a total loan cost of $32,496.81. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 15 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Lowest rates shown include the auto debit discount.footnote 1
Term: 10 – 15 years of principal and interest payments
Fixed rates: 3.45% – 16.15% APR
Variable rates: 4.37% – 14.99% APR
3 Repayment Options: Deferred repayment, $25 Fixed repayment, Interest repayment
A typical repayment example:
Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 2-year in-school period, it works out to a 10.73% fixed APR, 27 payments of $25.00, 119 payments of $160.63 and one payment of $107.39, for a Total Loan Cost of $19,897.36. For a borrower with $10,000 in prior loans and a 1-year in-school period, it works out to a 10.92% fixed APR, 15 payments of $25.00, 143 payments of $136.14 and one payment of $74.20 for a total loan cost of $19,917.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 15 years of principal and interest payments
Fixed rates: 7.01% – 15.26% APR
Variable rates: 7.13% – 16.74% APR
No payments while you’re enrolled at least half-time and during your grace period
A typical repayment example:
Example of a typical transaction for a $15,000 Bar Study Loan with the most common fixed rate, and one disbursement. For borrowers with no in-school period and a 9-month grace period, it works out to 11.19% fixed APR, 179 payments of $188.20 and one payment of $64.26, for a toal loan cost of $33,752.06. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 15 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 20 years of principal and interest payments
Fixed rates: 6.40% – 11.89% APR
Variable rates: 7.00% – 12.45% APR
No payments while you’re enrolled at least half-time and during your grace period
A typical repayment example:
Example of a typical transaction for a $20,000 Residency and Relocation Loan with the most common fixed rate, and one disbursement. For borrowers with no in-school period and a 36-month grace period, it works out to 9.39% fixed APR, 238 payments of $245.96 and one payment of $221.80, for a total loan cost of $58,760.28. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 20 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Term: 20 years of principal and interest payments
Fixed rates: 6.40% – 11.89% APR
Variable rates: 7.00% – 12.45% APR
No payments while you’re enrolled at least half-time and during your grace period
A typical repayment example:
Example of a typical transaction for a $20,000 Residency and Relocation Loan with the most common fixed rate, and one disbursement. For borrowers with no in-school period and a 36-month grace period, it works out to 9.39% fixed APR, 238 payments of $245.96 and one payment of $221.80, for a total loan cost of $58,760.28. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 20 years. A variable APR may increase over the life of the loan. A fixed APR will not.