Stanford School of Business

• Variable rate of 7.75% APR^* (or 7.25% APR with a coborrower)
• Fixed rate of 7.00% APR (or 6.00% APR with a coborrower)
  • 0.25% rate discount for optional enrollment in automatic electronic payment during repayment^**
  • Co-borrower not required, but having a qualified U.S. co-borrower could result in a lower interest rate
• Apply once and secure financing for your entire graduate studies with unique line of credit structure^†
• Available to international students (students who are not U.S. citizens or U.S. permanent residents, and require a visa for entry to the United States)
• Flexible repayment options, including full deferment of payments while in school^‡
• Variable Rate Option: 20 or 25 year repayment period, depending on principal balance when entering repayment – or repay early at anytime with NO penalty
• Fixed Rate Option: the repayment schedule is fixed at 10 years regardless of the amount you borrow. Full repayment begins at the end of the grace period, unless full repayment is selected during enrollment.
• Optional graduated repayment which provides lower payments during the first two years of repayment
• A loan from a not-for-profit credit union - a lender relationship you can trust
• Maximum borrowing amounts vary depending on field of study. View your program borrowing limits.

Variable Rate

The Annual Percentage Rate (APR) for our graduate private education line of credit is variable¹ and is based on the Prime index² plus a margin.

The current offered rate³ is 7.75% APR (or 7.25% APR with a coborrower)

• 0.25% rate discount for optional enrollment in automatic electronic payment during repayment⁴
• Co-borrower not required, but having a qualified U.S. co-borrower could result in a lower interest rate

Your Interest Rate⁴ is calculated by adding the Index plus a Margin⁵, subject to a minimum APR (Floor). The Floor rate is in effect any time the Interest Rate is below your assigned Floor rate. All loans subject to approval and restrictions may apply. We reserve the right to change rates for new applications at any time and without notice. Credit union membership and a minimum share deposit is required. Contact us for membership details.

Fixed Rate

The Annual Percentage Rate (APR) for our graduate private education line is fixed⁶ for the life of the loan.

The current offered rate⁷ is 7.00% APR (or 6.00% APR with a coborrower)

• 0.25% rate discount for optional enrollment in automatic electronic payment during repayment⁴
• Co-borrower not required, but having a qualified U.S. co-borrower could result in a lower interest rate

 All loans subject to approval and restrictions may apply. We reserve the right to change rates for new applications at any time and without notice. Credit union membership and a minimum share deposit is required. Contact us for membership details.

Rate Disclosures

1. The Annual Percentage Rate is subject to increase after consummation. Your Interest Rate is variable and may be adjusted quarterly on each January 1, April 1, July 1 and October 1 (Adjustment Date) based on the Prime Indez as published in the Wall Street Journal on the first business day of the month immediately prior to the Adjustment Date (e.g., December, March, June and September). Any increase in the Index may increase the APR and the amount of your monthly payment.

2. The "Index" for the quarter beginning October 1, 2024, is 8.50%, which was the Prime index (Index) published in the Wall Street Journal on the first business day of September 2024

3. Current offered rate(s) are calculated by using the Index, Margin and Floor value(s) in effect. Your specific Index, Margin, Floor, and/or credit approval will depend upon the student borrower’s and co-borrower’s (if applicable) credit qualification. Applicants may apply with a creditworthy U.S. co-borrower which may result in a better chance of approval and/or lower interest rate.

4. The APR will not exceed 18.00%, or fall below the Floor rate regardless of the Index. Any increase in the Index may increase the APR and the amount of your monthly payment.

5. Margin will be disclosed at account opening. 

6. Your interest rate is fixed and your rate and/or credit approval depends upon the credit qualifications of the student borrower or coborrower (if applicable).

7. Your actual rate within the range stated will be disclosed upon approval. Student borrowers may apply with a creditworthy coborrower which may result in a better chance of approval and/or lower interest rate.

*If you set up auto-payments through the loan servicer, you may further reduce your rate by 0.25% when you select full repayment of principal and interest while in school or during the repayment period. However, the rate will not be reduced below any floor rate.