Medical School Loans for the Boards

When needing a loan to cover the expenses associated with taking the board exam, look no further! The GradLoans Medical School Loan for the Board Exam is a simple solution to your financial obstacles.

• Fast online approvals
• Low interest rates and fees
• High approval rating
• High annual maximums
• A variety of repayment options (immediate, interest only, or full deferment until you leave school)
• No application fee or out-of-pocket expenses
• You can use this loan to cover any education related expenses, including transportation, computers, books and room and board
• 24/7 online account status access

How do I qualify?

• You must be a U.S. Citizen; or
• Permanent resident with a valid permanent-resident card; or
• An international student, applying with a U.S. citizen or permanent resident Co-Borrower; or
• An international student with a U.S. citizen or permanent resident applying on your behalf.
• Be at least 18 years old, or the age of majority in your state;
• Be enrolled at least half time at an eligible institution;
• Meet our criteria for creditworthiness. If you do not meet our criteria, please consider applying with a creditworthy co-borrower.

How much can I borrow?

Degree Program	Cumulative Loan Limit	Limits for each Academic Year
Medicine	$1,500 - $225,000	Cost of Attendance Minus other Aid
Osteopathic	$1,500 - $130,000	Cost of Attendance Minus other Aid
Medical Board Loans	$1,500 - $15,000	One time loan
Medical Residency and Relocation Loans	$1,500 - $15,000	One time loan

What is my interest rate going to be?

In school interest rates range:

LIBOR + 4.95% - 7.75%, depending on the credit of you/ your co-signer and the repayment option selected.

Repayment Rates as low as

LIBOR + 5.5% - 7.75%, depending on the credit of you/ your co-signer and the repayment option selected.

Remember, most students need a co-signer. And adding a qualified co-signer usually helps your chances of being approved and receiving the best interest rate.

Choose your reward!

• .25% interest rate reduction if you choose to have your loan payment automatically deducted from your bank account or if you make 48 consecutive on-time payments

What else sets the GradLoans Private Student Loan for Medical Students apart from the rest ?

• Low minimum monthly payment of $50
• 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
• 6 month grace period before repayment begins
• Fees as low as 0%
• 25 year repayment for Medical School loan, 15 years for all others

Annual Percentage Rate (APR) and Repayment Example:

If you borrowed $10,000 in a single installment, the 3-month LIBOR remained constant at 2.68% (as of July 1, 2008) and you had a 24-month combined in-school and 6-month grace period with a 240-month repayment period*, your possible APR and repayment schedules are shown below. Your annual percentage rate may increase or decrease after consummation.

Repayment Option	Origination Fee	APR	In School & grace period	Repayment Period
Immediate Interest and Principal Repayment	0.00%	8.00%	N/A	240 payments of $83.65
Immediate Interest and Deferred Principal Repayment	0.00%	8.09%	30 payments of $66.67	240 payments of $84.42
Both Deferred Interest and Principal Repayment	0.00%	8.08%	N/A	240 payments of 102.91
*25 year repayment for dental and medical school loans.

Apply Online or call toll-free 800-926-2716

Federal Stafford Loan for Medical School

• Learn more about Stafford loans for Med school by visiting Graduate Stafford Loan information section or you can
• Apply Online - Federal Stafford Loan Application

Federal Consolidation for Medical School Graduates

• Learn more about consolidating your medical school Loans by visiting Student Loan Consolidation Center or you can
• Apply Online - Medical School Consolidation Loan Application

Student Enrolled in Foreign Medical Schools

• International Student Loan Program - www.InternationalStudentLoan.com
• Edvisors Education Directory of Foreign Medical Schools

Edvisors Education Directory of Medical Schools

• Edvisors Education Directory of US Medical Schools
• Edvisors Education Directory of Foreign Medical Schools

Apply Online or call toll-free 800-926-2716

GradLoans Medical School Loans are funded by Doral Bank NY FSB, an Equal Opportunity Lender.