Student Loans
from Discover Financial

Discover Financial offers a range of federal loans, including the Stafford, Parent PLUS and Grad PLUS loans. They also offer private education loans with low rates, no fees and 2% graduation rewards.

Student Loans Reviews

4.0
Aug 10, 2008 3:54 pm

Hey Ethan how did you apply for this loan? I am in the same situation, currently in a medical school that does not have any lenders. Any help would be greatly appreciated.

4.0
Jun 13, 2008 2:58 pm

As a medical student at a school that requires the student to find their own loans, I found the Discover Financial student loan to be adequate. What attracted me to it rather than any of the others is that there is no origination fee or default fee. Other lenders had better payback deals. However, only Discover and maybe one other company waived the starting fees. The perks after the loan are not as good as they were a few years back when I started school (0.25% ACH), but this is true for all companies. If anyone has a better deal, post it up.

-EMW

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Have a Questionabout Student Loans?

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MarkKantrowitz answered Rachel.Verstegen's question:

Unknown-small
Rachel.Verstegen asked:

what number should I fax a paper MPN to ?

Guru
MarkKantrowitz answered:

Master Promissory Notes (MPN) need to be submitted to the lender. So the an...

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Type Today Week Ago
15 Year Fixed 5.88% Rates_down 5.99%
30 Year Fixed 6.09% Rates_down 6.21%
1 Year ARM 4.61% Rates_down 4.94%
5/1 Year ARM 5.09% Rates_down 5.37%
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Line of Credit 4.76% Rates_down 4.78%
10 Year Loan 7.74% Rates_up 7.72%
15 Year Loan 7.88% Rates_up 7.86%
Type Today Week Ago
Interest Checking 0.39% 0.39%
Money Market/Savings 0.66% 0.66%
12 Month CD 2.46% Rates_deposit_down 2.51%
60 Month IRA CD 3.40% Rates_deposit_down 3.42%
Type Today Week Ago
Cash Back Cards 10.89% Rates_up 10.76%
No Annual Fee Cards 11.17% Rates_up 11.13%
Reward Cards 11.81% Rates_up 11.75%
Small Business Cards 11.08% Rates_down 11.09%
Student Cards 13.62% Rates_up 13.54%
Platinum Cards 11.17% Rates_up 11.15%
Provided by Informa 11.20.08