|
The graduate Dental School Loan is a practical graduate student loan option if you still require financing for dental school after you have researched the Stafford and Graduate PLUS loans.
Loan Terms:
For the Graduate Dental Loan, the aggregate education loan limit is set to a maximum of $325,000, including all student loan debt.
Eligibility:
For the Graduate Dental Loan, there are a few general mandatory requirements. The borrower must be a U.S. citizen or permanent resident and have no student loan debt in default.
There are also other criteria supplied by your lender you must meet, usually including a credit check. It is recommended that you research and apply for the Grad PLUS and Stafford loan before you receive additional funding.
Interest Rates:
The Graduate Dental Loan has a variable interest rate that resets monthly. Borrowers with good credit or with a creditworthy cosigner can receive an interest rate as low as Prime – 0.50%.
Repayment:
For the Graduate Dental Loan, the standard repayment plan is for 15 years. 25 and 30-year repayment options may be available upon request. There is a 36-month grace period in which you can save money by repaying during the set period. Standard repayment begins nine months after leaving school, reducing to less than half time enrollment, or three years after graduation. 
Additional graduate student loans:
|
