Comparing Graduate Loan Options

Many graduate/professional students rely on supplemental loan programs to fund their educations, such as the Federal Direct Grad PLUS Loan or private educational loans. Both of these programs allow students to borrow up to their full cost of attendance, minus other aid received. Some loans are more beneficial to borrowers than others, and it is important for students to weigh the pros and cons of each loan program before deciding which is best for them.

You should consider the following when choosing to borrow either from the Direct Grad PLUS or a private alternative loan program.