Consolidating student loans for medical students

These factors include the repayment term selected and the credit qualifications of you, and your cosigner, if applicable.Your interest rate options will be presented to you during the application process, at which point you can choose between a variable or fixed interest rate.Variable interest rates are based on either the Prime Index or the London Interbank Offered Rate (LIBOR) Index and will change periodically if the index changes.Similarly, your monthly payment will increase or decrease as the interest rate changes.By applying with a creditworthy cosigner, you may improve your likelihood for loan approval and may receive a lower interest rate.Federal student loans, also known as Direct Loans, are funded by the government and may be awarded as part of your financial aid package if you completed the Free Application for Federal Student Aid (FAFSA®).We make it easy to get your personalized rate and payment estimates with no impact to your credit score.Keep in mind that your actual interest rate may vary as it will be determined by several factors when you apply.

You can sign online or print out to sign and upload, fax or mail.

Variable interest rates tend to start lower than fixed interest rates, but may increase over the life of the loan. Students with no credit history or a low credit score may find it difficult to qualify for a private student loan on their own.

Students may have the option to apply for a Discover student loan with a creditworthy cosigner.

Click here for borrowing limits for Consolidation Loans.

We encourage you to borrow responsibly and maximize grants, scholarships and other free financial aid before taking student loans.

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