Best MBA Student Loans

• In-school full payment: If you have a co-signer on your loan and you want to get a head start on repayment, you can choose to start making full payments as soon as you take the loan out.?
• In-school interest-only payment: You can cover the cost of the interest portion while you’re in school if you want to prevent the balance from growing by the time you graduate.?
• In-school fixed payment: Alternatively, you can opt to make $25 payments to cover at least some of the interest.?
• Full interest-and-principal payment: After you graduate you’ll get a long nine-month grace period to get your new life set up before you have to start repaying your loan as agreed.?
• Post-graduation interest-only payment: If you run into financial problems post-graduation, Earnest allows you to make smaller payments that only cover the interest due, granted in six-month intervals.?
• Extended term payment: In cases of permanent financial hardship, Earnest may allow you to stretch your loan term out to 30 years to shrink each payment down, but this will bump up how much you pay in interest over your loan’s lifetime.?
• Rate-reduction payment: Yet another option for temporary financial hardships, Earnest may lower your interest rate in six-month stints to help lower your payments and ease the burden.?
• Deferment: In some cases you can choose to stop making payments entirely for a limited period, like when you’re in school.?
• Forbearance: Similar to deferment, Earnest can put your loans in forbearance with zero payment due for up to one year over the life of your loan. To qualify you’ll need to have made your last three payments on time, and any Skip-A-Payment rewards you claim will reduce the amount of forbearance you have available.?

• Must be enrolled in a Title-IV non-profit school
• Available to residents of all states (except Nevada) and Washington, D.C.?
• Requires a minimum 650 credit score and at least three years of credit history
• Must not have any bankruptcies or accounts currently in collection listed on credit reports
• Available to U.S. citizens, permanent residents, international students, and DACA recipients

Your repayment options will vary by lender, but you may find the following:?

• Deferred payments
• Fixed payments?
• Interest-only payments?
• Immediate repayment?

• Requires a credit score of 640 or higher
• Available to U.S. citizens and permanent residents
• Available to residents of all states and Washington, D.C.
• Specific requirements may vary depending on the lender you’re matched with

• In-school full payment: If you’re earning enough, you can choose to make the full payments on your loan while you’re still in school to get a jump start on repayment.
• In-school interest-only payment: If you want to keep your loan balance from growing but can’t pay the full amount, you can choose to cover just the interest portion.?
• In-school fixed payment: If you can’t cover the full interest portion but don’t want to defer your loans, you can choose to pay a flat $25 while you’re in school.?
• In-school deferment: If you don’t have any income you can choose to postpone your payments entirely until later, but this will bump up your loan cost due to interest accruing.
• Full interest-and-principal payments: You’ll get a six-month grace period after you leave school before you begin full repayment on your loan.?
• Forbearance: ELFI offers temporary payment pauses if you qualify, although it doesn’t disclose the details of its forbearance program.?

• Must have an annual income of at least $35,000
• Available to residents of all U.S. states and Puerto Rico
• Available to U.S. citizens and permanent residents
• Requires a credit score of at least 680 and three years of credit history

• In-school interest-only payment: You’ll have the option of paying the interest on your loans while you’re in school to keep your costs down, but that will require some income.
• In-school fixed payment: If you can’t afford the full interest payments, you can opt instead for $25 payments to help manage the cost.?
• In-school deferment: You can choose to postpone any payments while you’re studying for up to three years, but this will increase your total overall cost.?
• Full interest-and-principal payment: After you leave school you’ll get a long nine-month grace period before you have to start making the full payments on your loan until it’s paid off.?
• Forbearance: You may be able to postpone your loan payments for one to three months at a time (two years maximum) if you run into certain financial difficulties.?
• Progressive payment: This lets you repay your loan with smaller payments that gradually increase over time within the same term length, like the graduated repayment plans that federal student loans offer.?

• Available to residents of all 50 states and Washington, D.C.
• Must be a U.S. citizen, permanent resident, international student, or DACA recipient

• Full interest-and-principal payment: You’ll get a six-month grace period after you leave school full-time to start making the full loan payments until it’s paid off, or you can begin making full payments ahead of time.
• In-school interest-only payment: If you want to keep your balance from accruing but can’t afford full repayments while you’re studying, you can choose to pay only the interest each month.?
• In-school fixed payment: If you don’t want to commit to making full interest payments each month but want to pay something, SoFi lets you choose $25 payments instead.?
• In-school deferment: If you don’t have any income at all while you’re in school you can choose to make $0 payments, but your loan balance will grow as interest accrues.?
• Forbearance: If you run into temporary financial snags or deploy with the military, SoFi allows you to put your loans into temporary forbearance for three months at a time, up to 12 months total. SoFi doesn’t add this extra time onto the end of your loan term but rather collapses your remaining balance into the shorter amount of time you have to repay, making your payments even higher when you return—even if you pay the interest in the interim.?
• Reduced payment: Unlike most lenders, SoFi allows you to amend your loan to pay a lower amount if you’re having a hard time making your loan payments, although it’s not clear if this is a permanent adjustment or just a short-term solution.?

• Minimum credit score of 650 or more is recommended
• Available to residents of all 50 states and Washington, D.C.
• Must be a U.S. citizen, permanent resident, or non-permanent resident alien (including DACA recipients)

Repayment options vary based on the lender issuing the loan. You may have access to the following options:?

• Fixed payments
• Interest-only payments
• Deferred payments
• Immediate repayment

• Eligibility requirements vary depending on the lender that Juno selects
• Not available for students at for-profit schools and schools outside of the U.S.

• Full interest-and-principal payment: After you graduate or drop out, you’ll get a nine-month grace period before you’ll start owing full loan payments according to your loan agreement; or, you can begin making full payments while in school.
• In-school interest-only payment: You can cover the interest payments on your loan while you’re studying to prevent a larger balance from accruing later.
• In-school fixed payment: You can opt to pay a flat $25 monthly payment to cover at least some of the interest.?
• In-school deferred payment: If you don’t have any income, you can choose to make $0 payments until after you graduate, but this is the most expensive option since interest will accrue.?
• Forbearance: If you run into problems paying your loans, College Ave does offer forbearance in three- or six-month increments, up to 12 months total.

• Available to residents of all states and Washington, D.C.
• Must be a U.S. citizen or permanent resident, or have a co-signer who is
• Must be attending an eligible school and meet its requirements for satisfactory academic progress