When you are signed up at the least 50 % of-time in an eligible training program on among universities down the page, this method is for you. If you don’t visit your university given below, go to the Flex Scholar Financing webpage!
Please be aware you to definitely Professional Education apps offered using HBS and you may HKS, and you can software provided using HBS On the internet aren’t eligible for funding beneath the Harvard Scholar otherwise Flex Scholar Financing software.
A love you can trust.
Harvard FCU was proud to provide beneficial mortgage choices for Harvard scholar pupils. We try and also make your time within Harvard fret-100 % free, by the helping to see your own money means and you will simplifying the mortgage payment techniques. You work on the studies, and we’ll be here to ease your financial fears!
Note: You ought to merely sign up for financing you intend to use. Harvard FCU informs the latest Harvard Financial aid Work environment of every apps gotten, in addition they will get predict this new disbursement regarding fund. If you had almost every other loans to pay for their knowledge, and want to obtain economic degree, it is possible to open a great Harvard FCU checking account from another location. Having suggestions, kindly visit
Financing Limits
Harvard Providers University Limit loan amount is the price of attendance quicker most other assistance gotten (perhaps not exceeding $ninety,000 annually) Joint training individuals: HBS certifies financing centered on HBS policy for informative terms and conditions whenever HBS decides debt help bundle
Note: While obtaining financing adopting the instructional seasons keeps concluded, delight get in touch with the latest Financial aid Office in advance of entry the application to decide your own eligibility.
Trick Keeps
Competitive repaired speed options 0.25% interest cures to possess automated recurring money Zero cosigner expected (0.25% rate of interest prevention which have accredited cosigner) Immediate conditional approval Full deferment whenever you are enrolled about 1 / 2 of-time in a great Harvard College or university scholar system 9-month sophistication months No prepayment punishment You.S. savings account put into mortgage (within no additional pricing) Simpler mortgage closure cities throughout Harvard University campuses Harvard FCU financing meet the requirements getting JD LIPP, susceptible to LIPP assistance, and other Harvard LRAP software (ten seasons mortgage label expected)
Conditions and terms Pertain. So you can qualify, a debtor must be accepted towards otherwise signed up on an eligible Harvard graduate university at the least half-go out, and ought to fulfill most of the necessary underwriting and you will document criteria. Youre a qualified domestic borrower while you are a You.S. Resident otherwise permanent resident. All in the world individuals need certainly to pass an OFAC examination, and you can apps may not be acknowledged from loans Moosup CT people otherwise people of OFAC sanctioned regions.
1. Interest & Apr. The interest depends on the phrase option you decide on. You can also found a lesser rates if the a qualified cosigner is on the the application. The latest Apr assumes on you are signed up for 48 weeks, have good nine day grace months in advance of fees starts, plus the lower rate makes up having a qualified cosigner relevant with your loan. Attract are billed every single day about lifetime of the mortgage, delivery the first day from disbursement, during college or university, due to any sophistication otherwise deferment months, and you will end if the loan try paid-in full. You are not needed to make payment on the loan when you find yourself subscribed to university and you may through your elegance several months, however you renders prominent and you will notice payments any time. Harvard FCU doesn’t accept dominant only payments. All payment is actually basic placed on fees, attention, following dominant. Calculations are prices simply. Real prices and you will percentage suggestions can differ reliant appropriate terms.
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