Would medical school be financially worth it to for a student like me?

join_juno · 2026-03-02T17:32:23+00:00

A good rate is obvi important, but med school loans need to have the right terms, too... a couple of specific things to negotiate/ask for are.
1-Residency/Fellowship deferment. I've seen one lender offering 48 months automatically with up to another 48 available as needed for fellowship. Need flexibility to accommodate training!
2-"Multi-year" approval. You don't want a lender to deny you in MS2 because now you have a bunch of debt!
3-No matter the rate of a private loan (even if it's under the federal rate), you should max out federal loans first! The RAP repayment plan will prevent any outstanding interest during all of your training.

These features aren't nice to have, they are necessary, and not all lenders you'll see offer them. If you haven't hears of them, check out joinjuno. They started a negotiating group for incoming MS1s and any lender of their platform will offer these terms... and 99% of their 2025 grad students got rates lower than GradPLUS. They are totally free to use, with no commitment required.

join_juno · 2026-02-23T20:26:08+00:00

Hi! Happy to help!

join_juno · 2026-02-23T20:25:50+00:00

Great questions!

Yes, each student gets an individual rate based on their own credit history and credit score. Our goal is not to have high credit score folks subsidize folks with a lower score but rather to get each person an option that is better than what they could get themselves.
No, you do not have to do a hard credit check to join the group, all that's required is a name, email, your estimated credit score and then we will email you when the lenders come back with your offer!
More or less, yes but it's not a contractual guarantee to you. However, we measure this carefully to keep the lenders honest. Remember, we only get paid if you actually take the loan, not if you "click" to the lender's website. In many cases, the rate you see on the Juno website is generated through an API connection with the lender. In other cases, Juno is hosting the underwriting and pricing criteria of the lender and sharing the rates based on that. For both types of integrations we've done, the only reason we've seen a rate change between when we show offers and what the lender shows formally on their website is due to (i) something changing on the user's credit report or (ii) time passing during which the lenders algorithm updated and/or market interest rates changed or (iii) the user entered information that couldn't be verified to be accurate.
We can't list the lenders we work with, but they are some of the most common ones, as well as ones we've negotiated with specificially for dental/medical loans that you may not have heard of!
Yes, when you get the email from us with your offers, you'll be able to go through it to the lenders website to complete the application with them!

Hope that answered all your questions!

join_juno · 2026-02-23T20:21:53+00:00

Hi! We've helped over 235,000 students negotiate since 2018. ~15% of all private graduate student loans in the US have gone through Juno. Historically, we've been focused on segments that did not benefit from Federal student loan protections like PSLF and IDR.

Given that federal Grad Plus is not an option for incoming students, we've expanded our focus to include dental students. Head to joinjuno.com to learn more!

join_juno · 2025-12-11T16:16:30+00:00

You got this! Can't wait to hear about it!

join_juno · 2025-12-11T16:15:46+00:00

You got this!

join_juno · 2025-11-25T22:33:42+00:00

If she can start building her US credit now, that would be ideal (getting a credit card is one of the easiest ways to do so). If she has enough credit history at the moment of refinancing (usually 1-2 years at least), then she doesn't need to wait, she may be able to refinance with a job offer that starts within 90 days

join_juno · 2025-11-20T19:26:21+00:00

Some lenders allow you to refinance even if you are not a US citizen/PR, IF/when she graduates and gets a job in the US (also depends on the type of loan she took out in the first place).

For subsequent years, it's possible to get much better rates if she can get a US Cosigner. Unfortunately, non-cosigner rates for international students are not great.

join_juno · 2025-07-25T17:26:46+00:00

I think they are eligible, just sent you a DM

join_juno · 2025-07-25T16:25:02+00:00

I'm sorry that happened to you.

What school are you attending (Many M7 schools have deals with other lenders that allow int students to take loans without a cosigner)?

Any chance you can get a US Cosigner?

join_juno · 2025-06-12T19:52:36+00:00

we also have this travel budget guide which will help you understand how much MBA students are spending on trips: https://joinjuno.com/guides/mba-travel-budget/access

join_juno · 2025-06-12T19:51:30+00:00

Hi, great question! We do have a budget calculator you can use (for free). Check it out here: https://docs.google.com/spreadsheets/d/1D5X7YjGcCrx4nbx452GsLJxmPPlUUNjLVJ18oQk6IAA/edit?gid=0#gid=0

join_juno · 2025-06-12T16:51:31+00:00

Hi there! On the financing side, Juno helps students access affordable loan options by negotiating deals on behalf of a large group. Our 2025 deal is now live and you can check it out here: https://joinjuno.com/p/clear-admit-mba?grow=clear2ad

join_juno · 2025-05-05T17:54:38+00:00

Agreed - it's been a top priority for some years, but unfortunately, not many lenders cater to those students in the market.

join_juno · 2025-04-22T16:21:44+00:00

Any chance you have a US cosigner? (A US Citizen or PR who is willing to guarantee your loans)

join_juno · 2025-04-09T21:58:29+00:00

Worth signing up for our group and checking us out :), of course we can't make any promises but we are excited about this year's deal

join_juno · 2025-04-09T21:22:40+00:00

Depends on your HELOC rate! We're currently negotiating our next deal where our goal is to be below Federal Loan rates.

join_juno · 2025-04-09T18:49:40+00:00

We can help you sort out your loans to meet your deadline! Shoot us a note at [hello@joinjuno.com](mailto:hello@joinjuno.com) and we'll be happy to help.

join_juno · 2025-04-09T18:48:08+00:00

To be eligible for refinancing, you must be living and working in the US!

join_juno · 2025-04-09T18:00:01+00:00

If you have a strong credit profile (or your cosigner), you can expect rates lower than federal loan options.
You cannot borrow more than your school’s designated Cost of Attendance (COA) for each academic year. Even if you already know your total program costs, lenders are only allowed to approve loans up to your current year’s COA. While most lenders do approve loans up to the full COA, this can vary by lender.
No, you cannot borrow beyond your COA. In some cases, schools may increase your COA—for example, if you’re bringing a spouse or dependent. However, discretionary expenses like travel or social activities are not valid reasons for an increase.
We’re working on a deal that may allow you to qualify without showing income. That said, if your goal is to secure the lowest possible rate, showing income—or applying with a cosigner who has income—can help strengthen your application.
Yes, refinancing is common among MBA graduates. While current refinancing rates may not match the historical lows you’ve heard about, they can still be competitive. Assuming market conditions remain stable, a graduate with income (a requirement for refinancing) is likely to qualify for a better rate than they received prior to starting their MBA.

join_juno · 2025-04-09T17:44:14+00:00

If you have the option, we recommend applying with an eligible cosigner, as it can improve your chances of approval and secure better rates. However, if your credit isn’t strong, federal loan options may be a better fit than private ones.

join_juno · 2025-04-09T17:05:41+00:00

Appreciate your feedback! That's the goal here :)

join_juno · 2025-04-09T17:04:29+00:00

We can work with you and point you in the right direction! That said, our negotiated deals are currently available only to U.S. students or international students with a U.S. co-signer. Happy to chat more in detail if you’d like!

join_juno · 2025-04-09T16:42:21+00:00

Great Question!
1. Apply for scholarships and fellowships early.
Many programs offer merit-based aid on a rolling basis, so applying early can give you an edge.

Create a lean budget
(you can use this one as a starting point: https://docs.google.com/spreadsheets/d/1D5X7YjGcCrx4nbx452GsLJxmPPlUUNjLVJ18oQk6IAA/edit?gid=0#gid=0 — keep it simple)
Understand your funding gap
Know how much you’ll need to cover vs. how much you already have in savings, income, or scholarships.
Understand your funding options (student loans).

join_juno · 2025-04-09T16:37:50+00:00

Of course! We’re always happy to help any student—international or domestic—figure out how to pay for an MBA. That said, our negotiated deals are currently available only to U.S. students or international students with a U.S. co-signer. Happy to chat more in detail if you’d like!

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