Discover Student Loans are made by Discover Bank, a trusted financial institution for 100 years. Discover Bank offers a variety of financial products, including FDIC-insured savings accounts, credit cards, personal loans and student loans.

Here as per your demand I am providing you information about MBA Student Loans of this Bank:

Eligibility Criteria:

-Be enrolled at least half-time in a graduate program at an eligible business school

-Be seeking a degree.

-Be making satisfactory academic progress as defined by your school.

-Be a US citizen, permanent resident or international student (International students require a cosigner who is a US Citizen or permanent resident).

-Be 16 years or older at the time you apply.

-Pass a credit check.

Loan Amount:

-Each year, you can borrow up to 100% of your school-certified cost of attendance (including tuition, housing, books and more) minus other financial aid.

-The minimum amount is $1,000 for each loan.

Interest Rate:

Variable Interest Rates

3.24% APR - 7.87% APR

(3-Month LIBOR + 2.62% to 3-Month LIBOR + 7.24%)

Fixed Interest Rates

6.15% APR - 9.99% APR


Repayments:

-In-School
Required to make $25 fixed, monthly payments while you are in-school and during your grace period to lower your overall loan cost.

-Deferred
Monthly payments are not required until 9 months after you graduate or your enrollment drops below half-time.