Eligibility

• Students must be a U.S.citizen or permanent resident.
• Students must attend a graduate health professions school located outside of the U.S. at least half-time.
• You must meet current credit criteria.

• Students must be making progress toward their degrees.

Benefits

• High approval rates.

• Cosigners can be removed from loan obligation after you make 24 on-time payments of principal and interest. (You'll need to meet credit requirements.)

• You can borrow as much as you need to pay for the cost of your education as certified by your school.
• Easy online account management 24/7.
• Convenience of having all your student loans in one place and receiving one monthly bill when your Stafford loans are serviced by Sallie Mae.

Features

• Easy online applications with fast credit decision and electronic signature.
• No minimum income requirement.
• No payments are required while you are in school.
• Deferment options during approved residency, internship, and fellowship programs are available.

Loan terms

Aggregate loan limit

• $250,000^*

*Includes all private student loan debt.

Interest rate

• Interest rates are variable and based on the one-month LIBOR rate.
• Manage your credit well and you may qualify for a lower interest rate.
• Make interest payments during school so you have a lower amount to repay.

Fees

Usually 0%; a fee may be assessed depending on credit history.

Repayment

• Standard repayment term of 15 years, with the option to extend terms (up to 30 years) for higher aggregate loan balances.
• Prepay your loan at any time without penalty.