A relationship you can trust.

At HUECU we pride ourselves on being the financial institution that serves the entire Harvard community.

Domestic Students Application

International Students Application


Key Features

  • Fixed, variable and hybrid rate options
  • Flexible repayment options
  • 0.25% interest rate reduction for automatic recurring payments
  • No co-signer required (0.50% interest rate reduction with qualified co-signer)
  • Full deferment while enrolled at least half-time
  • No repayment penalties
  • Immediate conditional approval
  • U.S. bank account included with loan (at no additional cost)
  • Convenient loan closing locations throughout Harvard University campuses

International Students

Program Terms

International Students
Term Rate Type Rate
5 Year Fixed 5.75%
10 Year Variable Prime + 1.75%.
15 Year Hybrid Fixed at 6.00% for first 60 months, variable at Prime + 2.25% for remainder of term
15 Year Variable Prime + 2.00%
Origination fee of 2.50% for international loan program. The origination fee is equal to 2.50% of the amount disbursed and will be added to the loan amount at time of disbursement. For example, if the international graduate student requests $10,000 to be disbursed on their behalf to Harvard University, the origination fee will be $250 and the total loan amount will be $10,250.



Domestic Students

Program Terms

US Citizen and US Permanent Resident Students
Term Rate Type Rate
5 Year Fixed 5.25%
10 Year Fixed 5.75%
15 Year Variable Prime + 1.50%



Additional Information


Who is eligible for Harvard Graduate Student Loans?

International and U.S. domestic Harvard University graduate school students are eligible to apply for HUECU Graduate Student Loans.

If you are a domestic student, you will need one form of government-issued identification. If you are a permanent resident, we will also request a copy of your green card.

If you are an international student, documentation will include a passport, secondary form of identification issued in your home country and an F-1 Visa and I-20 or J-1 Visa and Form DS-2019.

How much can I borrow as a Harvard graduate student?

The total amount Harvard graduate students can borrow is dependent on the cost of attendance, loan limits determined by the Harvard school you are attending, and the financial aid office certification of your loan. HUECU has an annual limit of $75,000 and the University will certify your loan amount based upon your financial need and borrowing eligibility.

Is a co-signer required for the HUECU Graduate Student Loan?

No. A co-signer is not required.

A credit-worthy co-signer that is a U.S Citizen or permanent resident will result in a .50% discount on your interest rate.

A co-signer may be released after 48 months of consecutive qualifying on-time payments. A credit check will be required at the time of release.

Who may co-sign an HUECU Graduate Student Loan?

A credit-worthy U.S Citizen or permanent resident can co-sign a Graduate Student Loan application. By obtaining a co-signer for your Graduate Student Loan, you will receive a .50% discount on your interest rate.

What will the interest rate be on my Graduate Student Loan?

You will be quoted a rate after your loan application is approved. You can also find out more about rates for specific HUECU programs by visiting our student loan page.

You can lower your rate by 0.50% by applying with a qualified co-signer. You can also earn an additional 0.25% interest rate reduction by signing up for automatic recurring payments.

Note: There is no obligation to take the loan once you apply and are approved. We encourage you to

apply and evaluate your options before making a final decision.

How are interests rates determined on your student loans?

The interest rates on both domestic and international student loans are based on the U.S. Prime Rate (which can be found in The Wall Street Journal).

The variable interest rate on domestic student loans is reset quarterly if the U.S. Prime Rate changes.

How is the origination fee calculated on my Graduate Student Loan?

The International Graduate Student Loan program has a 2.5% origination fee. The origination fee is added to the loan amount at the time of disbursement. For example, if an international graduate student requests $10,000 to be disbursed on their behalf to Harvard University, the origination fee will be $250 and the total loan amount will be $10,250.

There is no origination fee on domestic student loans.

How does interest accrue on my Graduate Student Loan?

While your Graduate Student Loan is deferred, simple interest accrues daily on the principal you borrowed. After your 6-month grace period, the interest that accrued during enrollment capitalizes, which means it is added to the principal and interest then accrues on the entire balance.

What are the repayment terms for my Graduate Student Loan?

Students may choose full deferment while in school or choose to make payments while enrolled. Any unpaid interest and/or fees will be capitalized and added to the principle at the start of repayment. Your first payment is due 6 months after you graduate or drop below half-time. Your payment term will be 5, 10 or 15 years based upon your application. To find out specific details about your HUECU Graduate Student Loan, create or log into your account with UAS, our student loan servicer by visiting www.uasecho.com

There is no penalty for early repayment.


Current prime rate is 5.50%

Variable rate based on Prime index as published in the Wall Street Journal. Index adjusts quarterly. Floor rate is 5%. Maximum rate is 18%.

Co-borrower not required but having a qualified co-borrower may result in lower interest rate. Co-borrower must be a U.S. Citizen and have a gross monthly income of $1,500 and meet minimum FICO score. Your starting interest rate will be determined after you apply.

Programs details: Domestic Graduate Fixed Rate Loan, Domestic Graduate Variable Rate Loan, International Graduate Hybrid Rate Loan, International Graduate Variable Rate Loan, International Graduate Fixed Rate Loan.

Subject to credit approval.

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