You may be eligible to borrow a private credit-based student loan—up to the cost of attendance—through a lender of your choice if you are receiving federal, state, or institutional aid but have additional financial need.
Every year, Harvard seeks proposals from loan providers offering non-federal training loans with an RFI to give Harvard pupils with information about personal loan services and products. Pupils are not necessary to use these loan providers, and borrowers that are domestic be eligible for federal loans with better terms. Graduate prospects may start thinking about trying to get a Federal Direct Graduate PLUS Loan before using for a loan that is private.
To get a personal loan, see ElmSelect.com, enter “Harvard University” within the search package, and select among the after:
- ALB prospects are able to find loan choices into the “undergraduate” area
- ALM prospects can find loan choices into the “graduate” section.
- Overseas pupils that do n’t have A us co-signer will find loan choices into the “Global” area.
- Global pupils by having a us co-signer will find choices within the “Graduate” and “Global” parts.
Potential borrowers should review all materials closely and contact the lending company to make clear any queries or issues. As a result of the economic system, prices and loan terms may alter throughout the year for a few loans provided by these loan providers. Think about the following when you compare education that is private:
- Cosigner Demands and Cosigner Launch Alternatives
- Rate of interest: fixed or variable, Index and Margins, Interest Capitalization Policies
- Borrower pros: Interest price Reductions for ACH and Cosigners, On-time payment incentives
- Charges: Origination Charges, Later Fees, Return Check Always Costs
- Repayment Alternatives: Repayment Start Dates, Years In Repayment
- Grace Period, Deferment and Forbearance Options