Why Laurel Road for Doctors?
We're guessing you didn't spend eight years in med school to study finance.
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
Weigh your student loan options with an expert guide.
If you have a federal student loan, you can schedule a free 30-minute consultation with one of our student loan specialists1 to get the facts and develop your personalized plan.
Laurel Road helps borrowers qualify for an average of over $118k in federal student loan forgiveness.2 And as an EMRA Member, you can get a 20% discount on an annual forgiveness counseling membership.3
Don’t have federal student loans? Explore your student loan refinancing options below.
By submitting this form you agree to our User Agreement and Online Privacy Statement. As part of your request to schedule a consultation, you are agreeing to receive emails from GradFin related to your Student Loan consultation. Emails include but are not limited to Consultation Scheduling, Membership Counseling Information Request, Appointment Reminders, and Membership Signup.
Our student loan consultation will help you:
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.
Laurel Road High Yield Savings®
Earn 3.80% Annual Percentage Yield (APY).5
EMRA members can earn competitive rates on your entire account balance and make every dollar count.
Plus, no minimum balance to open, and no monthly maintenance fees.
View Laurel Road High Yield Savings Rates & Fees
Get Started
Residency Interview Loan
EMRA members get a 0.50% rate discount on personal loans.6
It costs a lot to find the perfect match. At Laurel Road, you may be able to borrow up to $15,0007 with low rates. Ease the financial burden of interviewing for residency positions, with a personal loan to cover the costs associated with interviewing.
Check My RatesBenefits of a Personal Loan from Laurel Road
Low fixed rates available across various terms
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 account8
Frequently Asked Questions
Questions come up, and we have answers.
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STUDENT LOAN
How are your loans different from federal government loans?
While in some instances Laurel Road may provide more competitive rates and flexible terms and repayment options, it does not offer Income-Based Repayment and Loan Forgiveness options that may be available through federal student loans. Be sure to explore all options available to you including grants, scholarships, and federal loans. For more information about federal student loan options visit StudentAid.gov
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STUDENT LOAN
How does the graduate loan financing process work?
It’s pretty simple – the entire application is completed online. You will generally receive rates shortly after you complete your application.
Fill out a short application with basic information about you, your loan, education, and cosigner if relevant. After you authorize a hard credit inquiry and have provided any supporting information requested, we will request cost of attendance information from your school, review your application, and we will provide you with a decision.
If you are conditionally approved, you will be able to select your loan type and term, and accept and e-sign all necessary disclosures and your promissory note in the Laurel Road dashboard.
The timing of your first payment to Laurel Road is dependent on the loan type you choose.
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STUDENT LOAN
Can I change the amount of funding I have requested?
If the loan adjustment amount is lower than your initial amount please reach out to Laurel Road Member Services for assistance. If your adjustment amount is higher than your initial amount you must reapply.
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PERSONAL LOAN
What can I use a Residency Interview Loan for?
Costs incurred during the search for medical residency programs such as flights, hotels and other travel related expenses associated with transitioning to residency. This loan is only available for 4th year medical students.
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PERSONAL LOAN
How much can I take out with a Residency Interview Loan?
$5,000 to $15,000
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PERSONAL LOAN
What are the repayment options for a Residency Interview Loan?
Laurel Road offers reduced payments through the end of school and during training. The total period of reduced payments cannot exceed 60 months and cannot be less than 48 months. During this reduced payment period, interest on the loan will continue to accrue. Unpaid accrued interest will capitalize (added to the unpaid principal balance of the loan) at the end of the reduced payment period.