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Custom Loan Program for Domestic Graduate Students at

Emory University's Goizueta Business School

Need Assistance?

For assistance with opening a new private education line of credit, or to request additional funds from an existing line of credit, please call:
866-476-7120 (dial 248-598-2375 from outside the United States)

Key Features of Our Program

  • The current offered rate is 6.75% APR*
    • 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 U.S. citizens and permanent residents
  • Flexible repayment options, including full deferment of payments while in school
  • 20 or 25 year repayment period, depending on principal balance when entering repayment – or repay early at anytime with NO penalty
  • 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

Borrowing Limits

Students can borrow from $1,000 up to $100,000.

Funds will be split evenly between the Fall and Spring semesters as determined by your school.

 

Interest Rates

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 6.75% APR

  • 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.

 

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 Index 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 April 1st, 2022, is 3.250%, which was the Prime index (Index) published in the Wall Street Journal on the first business day of March 2022

  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 15.00%, 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. 

*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.

 

Frequently Asked Questions

Graduate students enrolled or enrolling in Emory University's Goizueta Business School. Available to U.S. citizens or permanent residents.

Please see the interest rates section.

  • 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

While in school, you may choose to:

  • Make interest-only payments
  • Defer both principal and interest
  • Make full principal and interest payments

Once your six (6) month grace period ends, your loan will enter repayment based on the terms outlined below. You may elect for graduated repayment at this time - lowering your monthly loan payments for the first two (2) years after starting repayment - which may be a valuable benefit if you are just beginning a new career and managing a tight budget.

The repayment term is 20 years if your principal balance at repayment is $40,000 or less, and 25 years if your principal balance at repayment is more than $40,000.

Apply now and receive instant line of credit approval. Or, call 866-476-7120 (dial 248-598-2375 from outside the United States) to apply by phone. Representatives are available 24 hours a day, 7 days a week to accept applications and answer your questions.

For your second academic year, as a returning borrower with an existing line-of-credit, you do NOT need to complete an entirely new application to request additional funds. Simply apply for additional funds from your existing line-of-credit.

 

* APR = Annual Percentage Rate
** The APR will not exceed 15.00%, or fall below the Floor rate regardless of the Index or any additional rate discount.
† Subject to credit qualification and annual credit review. Must meet school's Satisfactory Academic Progress (SAP) requirements.
‡ Approved programs subject to change

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