As lending markets change, several lenders are now offering refinance/consolidation loans specifically for MBA students. These loan programs allow alumni to either consolidate just private loans or refinance all of loans – both private and federal – borrowed while attending MBA school. Most offer either a fixed or variable interest rate. While not comprehensive, below is a short list of lenders offering these types of loan program.
These loan programs are only applicable to U.S. citizens or permanent residents only. We are currently unaware of any loan program available to international alumni other than the one made available to Yale International Student Loan holders through Quorum Federal Credit Union.
Consolidation of both federal and private loans.
Connecticut Higher Education Supplemental Loan Authority Refinance Program
CommonBond ($150 bonus for Yale SOM students)
CordiaGrad ($200 bonus for Yale SOM students)
DRB Student Loan
Rhode Island Student Loan Authority
SoFi ($300 bonus for Yale SOM students)
Private Loan Consolidation
Private loans only.