What lending did you use for school?

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Specializes in SRNA.

I am weighing the pros and cons of Grad PLUS vs Private lenders for school starting in January. Any insight from those of you that have been there is appreciated. The origination fee (4.236%) and interest rate(7.08%) for the plus loan seem ridiculous.

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Specializes in Nephrology, Cardiology, ER, ICU.

Moved to SRNA forum

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It'll depend on each person and other factors like credit, etc. I did grad plus for the first year but this year I got a better rate with Sallie Mae private lender--think it was a health professionals one.

Get the best rate you can.... just get through school, and then when you get out consolidate. I hear when you consolidate you get get lower rates as in 3-4% depending on the loan term you pick like 5 or 10 years as compared with 15. I hear So Fi, Laurel road, and earnest are good choices for consolidation.

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Following this for future reference. ?

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Me too

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Specializes in SRNA.

I think I’m going to use the direct unsubsidized and the the discover health loan on top of it. The plus loan origination fees and interest rates are too high.

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