Masters & Doctorate Loan Interest Rates
Interest-Only Repayment | Deferred Repayment | |
|---|---|---|
Fixed Interest Rate | 7.15% – 9.95% | 7.25% – 9.95% |
APR3 | 7.15% – 9.95% | 7.17% – 8.84% |
Monthly Payment Per | Interest-only period: | Interest-only period: |
1 Monthly payment is calculated based on a graduate student with three years until graduation. All dollar amounts are estimates.
2 Interest-only period is the period as defined in the MEFA Graduate Loan Application and Solicitation Disclosure found in the Disclosures tab of this chart.
3 The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumptions. MEFA’s lowest rates are only available to the most creditworthy applicants.
4 Deferment period is the period as defined in Graduate Repayment Options within the Loan Details section below.
Typically on an annual basis, the MEFA undergraduate and graduate loan rates are reset for the upcoming academic year. Once you receive an offered rate on an approved loan application, that rate will not change.
Dental School Loan Interest Rates
Interest-Only Repayment | Deferred Repayment | |
|---|---|---|
Fixed Interest Rate | 7.15% – 9.95% | 7.25% – 9.95% |
APR3 | 7.15% – 9.95% | 7.17% – 8.84% |
Monthly Payment Per | Interest-only period: | Interest-only period: |
1 Monthly payment is calculated based on a graduate student with three years until graduation. All dollar amounts are estimates.
2 Interest-only period is the period as defined in the MEFA Graduate Loan Application and Solicitation Disclosure found in the Disclosures tab of this chart.
3 The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumptions. MEFA’s lowest rates are only available to the most creditworthy applicants.
4 Deferment period is the period as defined in Graduate Repayment Options within the Loan Details section below.
Typically on an annual basis, the MEFA undergraduate and graduate loan rates are reset for the upcoming academic year. Once you receive an offered rate on an approved loan application, that rate will not change.
Health Professions Loan Interest Rates
Interest-Only Repayment | Deferred Repayment | |
|---|---|---|
Fixed Interest Rate | 7.15% – 9.95% | 7.25% – 9.95% |
APR3 | 7.15% – 9.95% | 7.17% – 8.84% |
Monthly Payment Per | Interest-only period: | Interest-only period: |
1 Monthly payment is calculated based on a graduate student with three years until graduation. All dollar amounts are estimates.
2 Interest-only period is the period as defined in the MEFA Graduate Loan Application and Solicitation Disclosure found in the Disclosures tab of this chart.
3 The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumptions. MEFA’s lowest rates are only available to the most creditworthy applicants.
4 Deferment period is the period as defined in Graduate Repayment Options within the Loan Details section below.
Typically on an annual basis, the MEFA undergraduate and graduate loan rates are reset for the upcoming academic year. Once you receive an offered rate on an approved loan application, that rate will not change.
Law School Loan Interest Rates
Interest-Only Repayment | Deferred Repayment | |
|---|---|---|
Fixed Interest Rate | 7.15% – 9.95% | 7.25% – 9.95% |
APR3 | 7.15% – 9.95% | 7.17% – 8.84% |
Monthly Payment Per | Interest-only period: | Interest-only period: |
1 Monthly payment is calculated based on a graduate student with three years until graduation. All dollar amounts are estimates.
2 Interest-only period is the period as defined in the MEFA Graduate Loan Application and Solicitation Disclosure found in the Disclosures tab of this chart.
3 The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumptions. MEFA’s lowest rates are only available to the most creditworthy applicants.
4 Deferment period is the period as defined in Graduate Repayment Options within the Loan Details section below.
Typically on an annual basis, the MEFA undergraduate and graduate loan rates are reset for the upcoming academic year. Once you receive an offered rate on an approved loan application, that rate will not change.
Medical School Loan Interest Rates
Interest-Only Repayment | Deferred Repayment | |
|---|---|---|
Fixed Interest Rate | 7.15% – 9.95% | 7.25% – 9.95% |
APR3 | 7.15% – 9.95% | 7.17% – 8.84% |
Monthly Payment Per | Interest-only period: | Interest-only period: |
1 Monthly payment is calculated based on a graduate student with three years until graduation. All dollar amounts are estimates.
2 Interest-only period is the period as defined in the MEFA Graduate Loan Application and Solicitation Disclosure found in the Disclosures tab of this chart.
3 The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumptions. MEFA’s lowest rates are only available to the most creditworthy applicants.
4 Deferment period is the period as defined in Graduate Repayment Options within the Loan Details section below.
Typically on an annual basis, the MEFA undergraduate and graduate loan rates are reset for the upcoming academic year. Once you receive an offered rate on an approved loan application, that rate will not change.
