Medical school loans
MED SCHOOL was STRESSFUL. REFINANCING SHOULDN’T BE.
Refinance your medical school loans with us. You could pay just $100 a month during training and for six months afterward3.
With great rates available to borrowers around the country
No application fees, no origination fees, no prepayment penalties
CHECK TODAY’S LOWEST RATEs
We work hard to provide great rates for medical students. Hey: you deserve it.
With rates range from 6.39-9.59% Fixed APR and 6.39-9.59% Variable APR†.
HOW MUCH COULD YOU SAVE?
If you qualify, refinancing could save you thousands over the life of your loan2. (Just remember these savings if we ever go under the knife.)
Great rates
Because you deserve rates that work as hard as you do.
Easy application process
Our automated process guides you every step of the way.
Zero fees
No application fees, no origination fees and no pre-payment penalties.
We won't sell your data
Your sensitive information stays between us.
IT'S lITERALLY This Easy
Check your rate
Answer some questions. If you qualify, you’ll browse refinancing offers across our network of lenders.
Choose your loan
Select an offer, then apply. We’ll guide you every step of the way.
Get refinanced
If approved, we'll pay off your old medical student loans, then bring you a new one on your terms. Easy!
Ready to get started?
Medical School Student Loans FAQ
Forbearance and deferment are similar in that they both allow you to temporarily postpone or reduce your federal student loan payments. The key difference is if you are in deferment, no interest will accrue to your loan balance on a subsidized loan. If you are in forbearance, interest will continue to accrue on your loan balance.
Yes. Parent Plus loans qualify for med school loan refinancing.
Some of Splash Financial’s lending partners do offer an autopay discount on refinanced medical school loans. However, this rate discount differs between individual lenders.
If you choose a lender offering autopay discounts, you may be able to sign up for automatic payments after accepting your refinance offer.
A fixed rate loan means that your interest rate will not change throughout the course of your repayment term. Fixed-rate loans allow the borrower to accurately predict their future payment amounts.
A variable interest rate means that your interest rate can fluctuate throughout the life of your loan. Variable rate loans typically change based on a reference rate.
While each of our lenders have their own loan amount requirements, most of our lenders have a minimum loan amount of $5,000 and no set maximum.
If you have any federal student loans, you may be eligible for certain student loan forgiveness programs. As a healthcare professional and U.S. citizen, you could potentially meet the eligibility requirements for the Public Service Loan Forgiveness (PSLF) Program.
This program was made to help healthcare and nonprofit workers manage their student loan debt. If you qualify, the government can forgive your federal loans after making 120 or more qualifying payments, no matter what your total loan balance is.
Additionally, you may qualify for income-based repayment as a medical resident or attending physician.
This depends on the type of loans you have. If you took out any federal student loans, you may qualify for certain student loan forgiveness programs as a doctor. However, because only federal loans qualify for these programs, you may not be able to take advantage of them if you refinance too early.
However, if you have private student loans, you can explore your student loan refinance options as soon as you start your residency or fellowship program. Refinancing your loans early could help you shorten your loan term and/or potentially lower your monthly payment. Learn more about the benefits of refinancing your medical school loans during residency.
No. Medical student refinance loans are available only to borrowers who are currently in a residency or fellowship program.