Student loan marketplace, College Ave Student Loans, announced on Monday it is offering a special graduate loan for Harvard Law School students through its new program, College Ave Harvard Law Program, which offers one low fixed rate (5.695% APR).
“The College Ave Harvard Law Program loan also offers an extended grace period of 9 months after graduation and can be deferred up to 12 months for a judicial clerkship. As with other College Ave loans, there are no origination fees or application costs, which can save qualified borrowers money over federal Grad PLUS loans. This program is available to both domestic and international Harvard Law School students.”
Speaking about the program, Joe DePaulo, CEO and Co-Founder of College Ave Student Loans, stated:
“We continuously listen to both our school partners and customers, and through that dialogue saw a unique opportunity to improve the experience for Harvard Law School students. We created a simple, straightforward loan with a great rate, tailored features, and an easy application so students can put their energy into their education and professional career ahead.”
Ken Lafler, Assistant Dean for Student Financial Services, also commented:
“Working with lenders to create new, lower-cost loan options for students is just one of the ways Harvard Law School is working to broaden access to a legal education. Combined with increasing amounts of need-based financial aid, as well as the Low Income Protection Plan, we are reducing barriers and making a Harvard Law School education affordable for everyone, regardless of means.”
College Ave Student Loans went on to add that in addition to the College Ave Harvard Law Program, it recently announced new financing options for graduate students pursuing degrees in business, law, medicine, and dentistry. The platform’s suite of graduate student loans features benefits for those pursuing specialized advanced degrees, including extended grace and deferment periods, longer repayment plans, and a higher aggregate loan limit.