Private Medical School Loans

Very often scholarships and Federal Graduate Stafford loans are not enough to cover the true cost of medical school. The private Medical School Loan was designed with medical students in mind.

You can use a Medical school loan to cover any education related expenses, including labs, computers, books, transportation, room and board.

GradLoans Medical School Loan Benefits

  • Defer payments while in school and for a six-month grace period after graduation
  • Posible interest rate reduction for auto debit
  • No early repayment fees

Loan Qualifications

You must be a U.S. citizen or a permanent resident, and be enrolled at least half-time in a 4 or 5 year degree program. Additionally, you must have a cosigner for your loan application, and you and your cosigner must both pass a credit check.

Undergraduate students should visit our undergraduate private loan section to apply for alternative student loans for undergrads.

Medical School Loan Borrowing Amounts

  • Annual Maximum is 100% of your Cost of Attendance minus other aid, based on school certification

What else sets the GradLoans Medical School Loan apart?

Full deferment and forbearance options available while in school, working towards a residency or internship, unemployed or experiencing an economic hardship, serving in the military or needing an administrative forbearance. Other benefits include:

  • Flexible repayment options
  • 6 month grace period after graduation
  • Low minimum monthly payment
  • No prepayment penalties
  • 24/7 online account access

Federal Stafford Loan for Medical School

Research Top Medical Schools

Learn how to get into top medical schools. Research top medical school admission programs and request information at

After Graduating From Medical School

* The legal age for entering into contracts is 18 years of age in every state except Alabama and Nebraska (19 years old), and Mississippi and Puerto Rico (21 years old).