Whenever you are enrolled at the very least half of-amount of time in a qualified training system from the one of several universities given just below, this option is for your. Unless you see your school here, visit the Fold Graduate Mortgage webpage!
Please be aware one Administrator Training software offered as a consequence of HBS and you may HKS, and you will software offered as a consequence of HBS On line aren’t eligible for resource in Harvard Scholar otherwise Bend Scholar Mortgage apps.
A romance you can rely on.
Harvard FCU is satisfied to give favorable financing options for Harvard graduate students. We strive making your own time on Harvard worry-totally free, by helping satisfy their financing need and you will simplifying the borrowed funds payment techniques. You run the training, and we will be here to relieve your financial fears!
Note: You ought to only sign up for a loan you should acquire. Harvard FCU informs the fresh new Harvard Financial aid Office of any apps received, and additionally they could possibly get anticipate new disbursement away from funds. If you had most other finance to cover the knowledge, and require to find monetary qualification, you can easily open a great Harvard FCU checking account from another location. To own suggestions, please go to
Loan Constraints
Harvard Company School Restrict loan amount ‘s the price of attendance quicker other assistance obtained (not surpassing $ninety,000 annually) Shared education people: HBS certifies fund based on HBS policy for instructional conditions whenever HBS find your financial services package
Note: While applying for funding following the educational 12 months possess concluded, please get in touch with the Educational funding Place of work in advance of submission your application to determine their eligibility.
Secret Keeps
Competitive fixed rate choices 0.25% interest reduction getting automated repeated costs Zero cosigner needed (0.25% interest prevention which have certified cosigner) Quick conditional recognition Full deferment if you’re enlisted at least half-amount of time in an effective Harvard College or university scholar program 9-month grace several months No prepayment penalties U.S. bank account added to financing (within no additional pricing) Convenient financing closing towns and cities during the Harvard College campuses Harvard FCU funds meet the requirements having JD LIPP, at the mercy of LIPP recommendations, or other Harvard LRAP apps (10 year loan label expected)
Small print Pertain. So you’re able to qualify, a borrower must be recognized with the otherwise enlisted within an eligible Harvard graduate college no less than half-date, and must satisfy all necessary underwriting and you may document conditions. You are a qualified home-based borrower if you are good U.S. Citizen otherwise long lasting citizen. Every worldwide consumers need ticket a keen OFAC tests, and you will apps will not be approved regarding people otherwise owners of OFAC sanctioned places.
1. Interest & Apr. Their interest varies according to the definition of solution you choose. Read Full Report You could discover a reduced rates when the a professional cosigner was associated with your application. This new Annual percentage rate takes on youre enlisted for forty-eight days, features an effective 9 month elegance months prior to fees initiate, additionally the lowest speed accounts for that have a qualified cosigner related with your loan. Interest try billed every day in the longevity of the loan, beginning the first big date away from disbursement, throughout university, compliment of any grace or deferment period, and finish in the event that loan try paid-in complete. You are not necessary to make payment on your loan while signed up for university and you can during your grace period, you makes prominent and you will attention payments when. Harvard FCU does not undertake principal only repayments. The payment was very first put on charges, desire, and then principal. Computations try estimates merely. Genuine prices and you will payment suggestions may differ dependent appropriate conditions.
