Yale SOM is pleased to announce the details of the Yale International Student Loan, which is available to all international students at the Yale School of Management.
Available up to the full cost of attendance without a cosigner.
The interest rate is fixed at 7.75%.
5% Origination Fee subtracted from loan proceeds.
10-year repayment period.
No payments while you are enrolled.
6-month grace period following separation from the school.
Interest accrues while you are enrolled and during the 6-month grace period; it is added to the principal at repayment.
Interest does not compound and there is no pre-payment penalty.
To apply, submit a Yale International Student Loan Authorization Form by June 2, 2008.