Graduate Business

 

Focus on what is really important and let us handle the rest!

Our  Student Choice private loan solution is designed to fill the funding gaps that may exist after all lower-cost sources of aid (including scholarships, grants, and federal Direct Subsidized and Unsubsidized loans) have been exhausted. And since you're borrowing through Day Air Credit Union, you know you're getting a great deal from a not-for-profit lender you can trust.

 

Flexibility comes from having choices

Our Student Choice private loan solution is designed to fill the funding gaps that may exist after all lower-cost sources of aid (including scholarships, grants, and federal Direct Subsidized and Unsubsidized loans) have been exhausted. We offer both a fixed rate and variable rate line of credit option so you can decide which is best for your needs.

FIXED RATE

Consistent monthly payment - year in and year out.

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Current offered rates between 7.75% and 9.50% APR

Borrow up to 60,000

 

 

Pro: A predictable monthly payment with an interest rate that doesn’t change.

 

Consider This: You may pay more over your repayment period because fixed rates are typically higher than starting variable interest rates.

 

 

Repayment Term: 10 years regardless of the amount you borrow.

 

 

Apply for a fixed rate

VARIABLE RATE

Monthly payments can vary over time.

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Current offered rates between 7.75% and 9.75% APR

Borrow up to 60,000

 

 

Pro: Potentially lower starting interest rates could result in lower monthly payments.

 

Consider This: Your interest rate can rise and fall over the life of your line of credit so your monthly payment and total interest cost may vary.

 

 

Repayment Term: 20 years if your principal balance at repayment is $40,000 or less, or 25 years if your principal balance at repayment is more than $40,000.

 

 

Apply for a variable rate

Benefits of our graduate business loan solution

  • Unique line of credit structure so you can borrow once for your full graduate business career1

  • Choose a fixed or variable interest rate

  • Zero origination or prepayment penalties

  • Flexible repayment & in-school deferment options

  • Borrow from a not-for-profit credit union you can trust

 

See rates page for additional information, repayment examples, and important disclosures

More Helpful Information

 

FAQ Eligibility
Common Questions Are you Eligible Approved Schools

 

  1. Subject to credit qualification and annual credit review. Must meet school's Satisfactory Academic Progress (SAP) requirements.
  • Approved schools subject to change without notice
  • Graduate students enrolled in a NON-business program are not eligible to receive funding. Please make sure to maximize all lower-cost sources of funding before considering a private student loan. Federal Graduate PLUS loans are another option available for graduate students. Graduate PLUS loans provide enough assistance to cover the cost of attendance less other financial aid received. For more information, check with your school's financial aid office or visit the Federal student aid website
  RATES

A better deal from your local not-for-profit cooperative

  SCHOOLS

More than 2,000 approved schools across the country

  FAQ

Answers to your most common questions

  LEARN

Financial resources to help you succeed in college and beyond

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