Loan for Undergraduate Programs
A college education is one of the best investments you can make. But between tuition
and fees, books, supplies, travel, and hundreds of other expenses, it’s also one
of the most expensive investments. As the old saying goes, “You’ve got to
spend money to make money,” and nowhere is that more true than in today’s world
of higher education.
With a Monticello Student Loan, your money can be used for any education-related
expenses, including room and board, a laptop, and more. And if you’re planning to borrow
for more than one academic year, you can borrow up to the $130,000 lifetime limit.1
Monticello Student Loan repayment
options are all about choices.
It’s important to start thinking about how you’ll pay for college as early as possible.
And we’ve made it easy to get started. Simply apply online, right
now.
Loan for Graduate/Professional Programs
Monticello Graduate Loans: The smart way to get even smarter.
The decision to pursue a graduate degree will resonate far into your future. Graduate
study not only defines your life’s work, it has the potential to make your earning
power skyrocket. Compared to a high school diploma, a Master’s degree is worth $1.7
million more, a Ph.D. is worth $2.6 million more, and a professional degree is worth
$3.6 million more, over the course of your lifetime.
Even with the earning power of a Bachelor’s degree behind them, many graduate students
find they need financial assistance. Here’s how a Monticello Graduate Student Loan
can help.
Business school students
- Get a Monticello Graduate Loan for accredited MBA programs
- Use your student loan not only for tuition, but for all education-related expenses
- Repayment is automatically deferred until six months after you graduate
Medical/dental students
- Get a Monticello Graduate Loan for a wide range of medical, dental, nursing, and
health care schools and programs
- Repayment is automatically deferred until six months after you graduate
Law students
- Get a Monticello Graduate Loan while pursuing your J.D., LL.M., J.S.D. or joint
law degree
- Repayment is automatically deferred until six months after you graduate
Loan for Continuing Education Programs
Whether you’re looking to earn a professional certificate, or just a higher salary,
we’ll help you get there. Throughout your career, there will always be opportunities
for continuing education: everything from certificate programs to professional training
programs. A Monticello Student Loan can be used to fund many types of continuing
education programs – from a yearly minimum of $1,500 to a yearly maximum of $30,000.
- Covers tuition and other education-related costs for a wide variety of certificate
programs, professional programs, and other technical training programs
- Funding available for students enrolled less than half-time in degree programs or
enrolled in certificate or technical training programs
- Continuing education borrowers begin repayment the earlier of a) 180 days after the student graduates or earns a certificate; b) 180 days after the student ceases to be enrolled; or c) two years after the date of the loan disbursement
