Why choose the Nellie Mae GradPLUS Loan? Check out the benefits only Nellie Mae borrowers receive!After searching out grants and scholarships that don’t have to be paid back, then maximizing your Stafford Loan borrowing, consider a low-cost GradPLUS Loan to help pay for grad school. With Nellie Mae as your GradPLUS lender, you may be eligible to save the 1% default fee. You can also reduce your interest rate with auto-debit payments and earn a 1% loan credit!*
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE LOAN PROGRAMS AT ANY TIME WITHOUT NOTICE.
What's your master plan? Download our free guide for current and future graduate students (PDF, 1.61MB).
*Benefits are available on loans first disbursed 2/1/08–6/30/09 to students attending not-for-profit public and private graduate and professional schools and serviced by Sallie Mae throughout repayment. Terms and conditions apply. The 1% federal default fee will be paid on the borrower’s behalf on Grad PLUS Loans guaranteed by USA Funds or NELA 2/1/08–6/30/09. A 0.70 percentage point interest rate reduction for paying by automatic debit is available during active repayment for as long as the borrower’s monthly payment is successfully deducted from his/her bank account. To qualify for the one percent loan credit, the borrower must sign up on Manage Your LoansSM, before the first payment due date, to receive account information by e-mail and make the first 12 payments by the due dates as initially scheduled.
