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Private Loan Program
The Medfunds Private Loan is the smart way to borrow alternative funds. We offer terms that are competitive with all other private loans available.

Eligibility

  • Must be enrolled at least half-time as a medical or graduate health profession student at an accredited school.
  • Must be a US citizen or eligible non-citizen
    • Effective 07/01/2005

    Origination Fee 0%
    Guarantee Fee 0%
    In-School Interest Rate LIBOR + 2.90%
    Repayment Interest Rate
    (varies with repayment term)    		 10 year: LIBOR + 3.00%
    15 year: LIBOR + 3.25%
    25 year: LIBOR + 3.75%
    Supplemental Fees ZERO
    Annual Limits cost less aid received
    Aggregate Limits none
    Capitalization once at repayment
    Residency Deferment Nine months after graduation if student ceases to be enrolled half-time, or if participating in a residency program, then the Interim Period will continue until the end of the program. To be eligible for use of the Interim Period, a "Residency Status" form must be completed.
    ** Download Application and Promisory Note
    or call (800) 539-0065 to apply by phone.