Check rate
Min. credit score None Fixed APR N/A Variable APR N/A
Key facts
Best for health care and STEM students who’ll pay less than with a private student loan.
Qualifications
Eligibility is based on factors like academic program and projected salary, not credit score.
Loan amounts: $3,000 to $25,000 annually; $50,000 lifetime maximum.
Payment cap: Two times the amount borrowed.
Income share percentages: Typically 6% to 9%; lifetime max is 20%.
Available Term Lengths
5 years, but can extend to up to 10 years.
None
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