+ LR-Icons

AMSA Resident Offers

Bank on your earning potential.

Element/Bulb Line

Laurel Road offers financial solutions for today's healthcare leaders with products tailored specifically for medical residents.

Apply directly from this page for access to these offers. Enter code AMSA2015 if prompted.

IMPORTANT INFORMATION: Please note that if you refinance qualifying federal student loans with Laurel Road, you may no longer be eligible for certain federal benefits or programs and waive your right to future benefits or programs offered on those loans. Examples of benefits or programs you may not receive include, but are not limited to, Public Service Loan Forgiveness, Income-Driven Repayment plans, forbearance, or loan forgiveness. Please carefully consider your options when refinancing federal student loans and consult Federal Student Aid for the most current information.

Why Laurel Road for Doctors?

DOCTORS HAVE BRIGHT FUTURES. WE THINK THAT'S WORTH INVESTING IN.

Easy Online Solutions


Digital banking designed to help you save time and money.

Smart, Secure Technology


The trusted technology of a leading national bank.

Award-winning Experience


Our customers love us—we've funded over $9 Billion in loans.

Student Loan Consultation

Student Loan Consultation

Explore your student loan options with an expert guide.

Did you know there’s more than one path to forgiveness? Get the facts and develop your personalized plan on a free 30-minute consultation with one of our GradFin student loan specialists.1 GradFin helps borrowers qualify for an average of over $110k in student loan forgiveness.2

AMSA members also get a 20% discount when they sign up for an annual Gradfin membership.3

By submitting this form you agree to the Laurel Road and GradFin User Agreement and Online Privacy Statement.

Apply for IDR

Understand your income-driven repayment (IDR) and forgiveness options.

Navigate PSLF

See if you qualify and help you stay on track for public service loan forgiveness (PSLF).4

Explore Refinancing

Compare simple refinancing options that could help you save on student loans.

Stay the Course

If you're already in the right repayment program, GradFin helps you stay on track.

Student Loan Refinancing
smiling-woman-doctor

Student Loan Refinancing

AMSA residents pay only $100 per month throughout training.5

Plus, AMSA members get a $500 cash bonus when refinancing.6 Discover your personalized rate options online in only a few minutes—with no impact to your credit score!7

Check My Rates

Low fixed and variable rates available when refinancing student loans

Up to 12 months of forbearance is available8

We don't charge any application or origination fees or prepayment penalties

Additional 0.25% discount when automatic monthly payments are made from a bank account9

It’s good that Laurel Road actually wants to hear from you on how they can improve their services not only for you, but for other people who are going to refinance with them.

Dr. Kasra H.

General Dentist

I think it’s great to have products for doctors because we have an unusual trajectory where we have high earning potential, but don’t always qualify for much on paper.

Dr. Linda D.

Child & Adolescent Psychiatrist

Path Copy Path Copy

Disclaimers

All credit products are subject to credit approval.

IMPORTANT INFORMATION: Please note that if you refinance qualifying federal student loans with Laurel Road, you may no longer be eligible for certain federal benefits or programs and waive your right to future benefits or programs offered on those loans. Examples of benefits or programs you may not receive include, but are not limited to, Public Service Loan Forgiveness, Income-Driven Repayment plans, forbearance, or loan forgiveness. Please carefully consider your options when refinancing federal student loans and consult Federal Student Aid for the most current information.

  1. GradFin and Laurel Road are brands of KeyBank N.A.

  2. GradFin members that met the requirement for Public Service Loan Forgiveness (PSLF) qualified for an average of $116,697.74 in student loan forgiveness as of 01/08/2024.

  3. Member Name members get a 20.00% discount on an annual Public Service Loan Forgiveness (“PSLF”) program membership with GradFin (“Offer”). The discount will be applied on the current annual membership fee of $249.00 and will automatically apply at checkout. This Offer is only available to current Member Name members, is non-transferable and cannot be applied to previous membership purchase(s). This Offer cannot be redeemed for cash or combined with other offers and is subject to cancellation at any time and without notice.

  4. To qualify for Public Service Loan Forgiveness (PSLF), you must be employed by a U.S. federal, state, local, or tribal government or not-for-profit organization (federal service includes U.S. military service); work full-time for that agency or organization; have Direct Loans (or consolidate other federal student loans into a Direct Loan); repay your loans under an income-driven repayment plan; and make 120 qualifying payments. For full program requirements, visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service.

  5. Estimated Student Loan Refinance Post-residency Payment Examples
    Borrowers employed full time as an intern, resident, fellow, or similar postgraduate trainee at the time of loan disbursement are eligible to make $100 monthly payments throughout their training (“Residency Period”). These payments may not be enough to cover all of the interest that accrues on the loan. Unpaid accrued interest will be added to the loan principal and monthly payments of principal and interest will begin when the Residency Period ends. Assumptions: Repayment examples shown below are based on an original loan amount of $100,000 and assume that you make $100 monthly payments during the Residency Period of 36 months before the full repayment term begins. Repayment examples do not include any discounts.
    Fixed Rate Loans
    Term Interest Rate APR Monthly Payment Total Payments
    5 years 3.93% - 5.53% 36 months of $100 60 months of $1,998 - $2,181 $123,506 - $134,441
    7 years 4.35% - 5.85% 4.26% - 5.68% 36 months of $100 84 months of $1,514 - $1,656 $130,755 - $142,743
    10 years 4.59% - 6.03% 4.51% - 5.88% 36 months of $100 120 months of $1,147 - $1,273 $141,188 - $156,336
    15 years 4.81% - 6.33% 4.74% - 6.19% 36 months of $100 180 months of $866 - $994 $159,391 - $182,595
    20 years 4.91% - 6.63% 4.84% - 6.50% 36 months of $100 240 months of $728 - $876 $178,294 - $213,828
    Variable Rate Loans
    Term Interest Rate APR Monthly Payment Total Payments
    5 Year 3.98% - 5.62% 3.90% - 5.44% 36 months of $100 60 months of $1,994 - $2,170 $123,256 - $133,780
    7 Year 4.25% - 5.75% 4.17% - 5.58% 36 months of $100 84 months of $1,505 - $1,647 $129,982 - $141,921
    10 Year 4.40% - 5.93% 4.32% - 5.78% 36 months of $100 120 months of $1,131 - $1,264 $139,272 - $155,248
    15 Year 4.65% - 6.23% 4.58% - 6.10% 36 months of $100 180 months of $853 - $986 $157,078 - $181,001
    20 Year 4.90% - 6.53% 4.83% - 6.40% 36 months of $100 240 months of $727 - $867 $178,100 - $211,642

    Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

    Interest Rate: A simple annual rate that is applied to an unpaid balance.

    Variable Rates: The current index for variable rate loans is derived from the 30-day Average Secured Overnight Financing Rate (“SOFR”) and changes in the SOFR index may cause your monthly payment to increase. Although the rate will vary after you are approved, it will never exceed 15.00%. There is no limit on the amount your interest rate can increase at one time. The Index is currently published by the Federal Reserve Bank of New York (“New York Fed”). If the Index is no longer available, it will be replaced by a replacement Index according to the terms of the promissory note.

  6. A $500 cash bonus offered on new student loan refinance applications from active Member Name members. The loan application must close in order to qualify for the bonus which will be paid within 45 days of closing. Existing Laurel Road members are not eligible. This offer cannot be combined with any other discounts from Laurel Road affiliated partners or employers nor the Student Loan Refer-a-Friend Program.

  7. Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.

  8. After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for forbearance of payments for one or more 3-month time periods (however, a minimum of twelve (12) months are required between any two forbearance periods). Borrowers with a loan term of at least ten (10) years are eligible for up to twelve (12) months of forbearance over the life of the loan; borrowers with a loan term less than ten (10) years are eligible for one (1) month for every year of the loan term (e.g., if a borrower’s loan term is five (5) years they are eligible for up to five (5) months of forbearance over the life of the loan). Borrowers seeking an economic hardship forbearance due to unemployment must have made twelve (12) consecutive monthly payments prior to a forbearance request to be eligible. For any other forbearance due to economic hardship, borrowers must have made nine (9) consecutive monthly payments prior to a forbearance request to be eligible. All requests for forbearance are subject to review, including the review of acceptable documentation (including updating documentation) of the nature and expected duration of the borrower's economic hardship. During any period of forbearance, interest will continue to accrue. Unless otherwise noted, at the end of the forbearance period, any unpaid accrued interest will be capitalized and be added to the remaining principal amount of the loan.

  9. AutoPay / EFT Discount: If you choose to make monthly payments automatically by electronic fund transfer (EFT) from a bank account, the rate will decrease by 0.25% and will increase back if you stop making monthly payments (or we stop accepting) automatically by EFT from your bank account. The 0.25% AutoPay/EFT Discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Estimated Payment Examples

Assumptions: Repayment examples below assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include any discounts.

Fixed Rate Loans
Term Interest Rate APR No. of Payments Monthly Payment Total Payments
5 Year
7 Year
10 Year
15 Year
20 Year

 

Variable Rate Loans
Term Interest Rate APR No. of Payments Monthly Payment Total Payments
5 Year
7 Year
10 Year
15 Year
20 Year

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the 30-day Average Secured Overnight Financing Rate (“SOFR”) and changes in the SOFR index may cause your monthly payment to increase. Although the rate will vary after you are approved, it will never exceed 15.00%. There is no limit on the amount your interest rate can increase at one time. The Index is currently published by the Federal Reserve Bank of New York (“New York Fed”). If the Index is no longer available, it will be replaced by a replacement Index according to the terms of the promissory note.

KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. This information is current as of July 10, 2023. Information and rates are subject to change without notice.
Terms and Conditions

ELIGIBILITY & ELIGIBLE LOANS

Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).

Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.

All loans must be in grace or repayment status and cannot be in default.  Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment.  Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.

LOAN AMOUNT

Up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.

FEE INFORMATION

There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less.  A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.