Currently we are accepting students in MBA, Law, Medical, Dental, and Pharmacy programs.
Students provide the following information when they join:
In addition, we ask for the following optional financial information to assist with lender negotiations.:
The financial information provided is not directly used for loan applications, but rather to inform lenders of the loan pool size and the general creditworthiness of our group. Finalized information will be required later through the selected lender’s application process.
We evaluate each offer based on a range of factors, with a heavy emphasis on how much money each bid will save our members. We also evaluate non-financial features. In aggregate, these include:
Based on our evaluation, we select a single lender for a large group of students. We have found this approach works best as it prompts lenders to offer rates and terms that are better than anything available to students in the market currently.
We inform students about the negotiated deal via email and share a link through which students can take advantage of the negotiated rate.
We provide students with a sophisticated and unbiased calculator that can help students decide which loan is best for them, i.e. the negotiated offer or any other offer they might come across. We also highlight the differences between the negotiated deal and federal loan options (for domestic students).