- Apply in three minutes and get an instant credit decision
- Flexible repayment options to fit your budget and no origination fees
- Defer full payments for up to 48 months after school if you you have a fellowship or residency
Here's our current graduate health professions student loan interest rates:
Variable rates
4.69%
to 14.47% APR
Fixed rates
3.47%
to 14.47% APR
(all rates shown include auto-pay discount)1
Variable and Fixed Rates Explained
The decision to pursue an advanced health professions degree is often heavily influenced by finances. One of the top considerations is whether you'll choose a variable or fixed interest rate2 student loan. Compare the differences before selecting your loan options.
Variable Rate
4.69%
to 14.47% APR
*all rates shown include auto-pay discount1
Variable interest rates are tied to a market index and will fluctuate - up or down - over time with the market. This will change your monthly payment amount.
Changes to the rate are typically based on a publicly available interest rate index such as the prime rate or SOFR.
Fixed Rate
3.47%
to 14.47% APR
*all rates shown include auto-pay discount1
Fixed interest rates stay the same for the entire repayment period. You will have the same monthly payment amount every month after entering full repayment.
Compare Graduate Health Professions Student Loans
| College Ave | Sallie Mae | Discover | |
|---|---|---|---|
| Number of Repayment Options |
4 |
3 | 4 |
| Choice of Repayment Terms |
|
|
|
| Apply in 3 Minutes |
|
|
|
| Grace Period | 9 months | 6 months | 9 months |
| Deferment During Residency |
|
|
|
*Comparisons based on information obtained on lenders’ websites as of January 9, 2025.
Advanced Loans For Health Professions Degrees
You’re dedicated to taking care of others, and we’re dedicated to you. We start with great rates, let you decide how quickly you pay back your loan, and back it all up with superior service. You’re confident about becoming a doctor – now you can pay for your graduate health professions degree with confidence too.
Overwhelmed? Don't Be! Just Follow These Easy Steps
1
Before school starts, figure out how much you’ll need to borrow. A good estimate is to take your cost of attendance and subtract any scholarships, grants, subsidized federal loans and savings you plan to use.
2
Start shopping around for loans and apply for a private student loan about 30 days before classes start. Decide if you plan to apply with a cosigner and choose your loan term and repayment options.
3
Once approved, we’ll work directly with your school to certify the loan. After the money is sent to your school, be on the lookout for your first loan statement. If you selected an in-school repayment option, consider signing up for auto-pay.
Apply Now for a Loan Check Application Status 1
Before school starts, figure out how much you’ll need to borrow. A good estimate is to take your cost of attendance and subtract any scholarships, grants, subsidized federal loans and savings you plan to use.
2
Start shopping around for loans and apply for a private student loan about 30 days before classes start. Decide if you plan to apply with a cosigner and choose your loan term and repayment options.
3
Once approved, we’ll work directly with your school to certify the loan. After the money is sent to your school, be on the lookout for your first loan statement. If you selected an in-school repayment option, consider signing up for auto-pay.
Apply Now for a Loan Check Application StatusFAQ's for Graduate Health Professions Student Loans
-
What is the difference between a Health Professions Loan and a Medical School Loan?
Our Health Professions Loan is designed for students pursuing graduate or doctoral health degrees, such as: Nursing, Physician's Assistant(PA), Occupational Therapy (OT), Physical Therapy (PT), among other degrees.
College Ave's Medical School Loan is designed for students enrolled in one of the following doctoral degree programs: Doctor of Medicine (MD), Osteopathic Medicine (DO), Veterinary Medicine (DVM, VMD), or Podiatric Medicine (PM).
-
How much can you borrow with a Health Professions student loan?
You can borrow up to 100% of your cost of attendance4.
Always remember to be responsible when you borrow. Try to exhaust all other forms of aid - like scholarships, grants, subsidized federal student loans, etc. - before applying for private student loans.
Footnotes
1
Variable rates may increase after consummation. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
2
This informational repayment example uses typical loan terms for a first year graduate health professions student borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 6.09% fixed Annual Percentage Rate ("APR"): 84 monthly payments of $25 while in school, followed by 96 monthly payments of $167.28 while in the repayment period, for a total amount of payments of $18,158.81. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
3
This informational repayment example uses typical loan terms for a first year graduate health professions student borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 5.97% fixed Annual Percentage Rate ("APR"): 120 monthly payments of $168.15 while in the repayment period, for a total amount of payments of $20,177.45. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
4
As certified by your school and less any other financial aid you might receive. Minimum $1,000.