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Laurel Road Review: Fund Your Healthcare Degree or Refinance Your Student Loans

Laurel Road offers healthcare graduate school loans and refinancing options for both federal and private student loans. The company offers competitive rates and terms, and a quick and easy application process.

laurel-road-review
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4.4
Min. Credit ScoreMin. Credit Score 660+
Loan AmountsLoan Amount $5K up to the cost of attendance
Fixed APRLoan Repayment 5-20 years
Sara Coleman
Written by:Sara Coleman
Freelance Financial Writer

Laurel Road not only offers graduate school loans for healthcare students, but it opens up its student loan refinancing options to thousands of other borrowers. Since 2013, Laurel Road has offered competitive rates for both refinancing rates and graduate school funding.

Summarized Rating

Loan Features5
Interest Rates and Fees4.4
Qualification Leniency3.5
Application Process4
Customer Support5
User Reviews4.1
Perks Bonus5

This parameter considers loan term lengths, loan limits, and loan structure optionality (fixed and variable rate offerings). For each loan type offered, each of these features was evaluated using the five-point scoring system. Then, the various scores were aggregated and averaged to establish an overall loan features score.

Laurel Road gets a perfect 5.0 for Loan Features, which is attributable to its highly flexible and best-in-class term lengths, loan amounts, and loan structure optionality (fixed vs. variable).

Laurel Road Pros
Competitive rates for both refinancing and graduate school loans
Loans are tailored for future healthcare professionals
No hard credit check for the initial qualification process
No application, origination or disbursement fees
Laurel Road Cons
Not all healthcare degrees qualify for graduate school private student loans
Payment postponement is not an option for loans
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Then your education and income information is requested.

Frequently Asked Questions (FAQs)

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About the Author

Sara Coleman

Sara Coleman

Freelance Financial Writer

Sara Coleman is a freelance writer with several years of experience covering personal finance topics such as insurance, loans, credit cards, budgeting and more.

More about me