Harvard International Graduate Student Loans


Choose Your Program

Harvard Business School
Harvard Graduate School of Design
Harvard Graduate School of Education
Harvard Graduate School of Arts & Sciences
Harvard Kennedy School
Harvard Law School — JD
Harvard Law School — LLM/SJD
Harvard Medical School
Harvard School of Dental Medicine
Harvard School of Public Health
American Repertory

At HUECU we pride ourselves on being the financial institution that serves the entire Harvard community. Delivering a wide range of cost-effective products and services through the most progressive delivery channels available in the industry, we succeed by providing quality financial services that meet the needs of our members. We've brought this same singular focus to student lending—helping you finance a higher education without a higher price tag.

PLEASE NOTE: In accordance with regulatory guidelines, students from Office of Foreign Assets Control (OFAC)-sanctioned countries are NOT eligible for this private education line of credit. Sanctioned countries include Balkans (Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro, and Serbia), Belarus, Burma, Cote d'Ivoire (Ivory Coast), Cuba, DR Congo, Iran, Iraq, Lebanon, Liberia, Libya, North Korea, Somalia, Sudan (Darfur), Syria, and Zimbabwe.

Key Features

  • Available to international students
  • Variable interest rates ranging from Prime Rate +3.50% to as low as Prime Rate + 2.75% (with qualified co-borrower and automatic electronic payments during repayment period)
  • 4% origination fee
  • Zero pre-payment fees
  • Co-borrower not required (although having a co-borrower could result in a lower interest rate)
  • Up to 4 year deferment of payments while enrolled at Harvard
  • 15 year (180 months) repayment period
  • 0.25% rate discount for automatic electronic payment during repayment
  • Please review your school's program terms to determine annual loan limits and eligibility requirements


Who's eligible?
International Harvard University graduate school students attending an eligible Harvard degree granting program qualify for this custom loan solution. Proper documentation is required. Documentation may include a F-1 Visa and I-20 (and valid passport with photo) or J-1 Visa and Form DS-2019 (and valid passport with photo).

How much can I borrow?
Please check the information about your school section above to learn about loan limits. The total amount students can borrow is dependent on cost of attendance, school limits, and school certification. The University will certify the requested loan amount with the Credit Union.

What will be my rate?
Your rate will be the Prime Rate plus 3.50%. Please note that you can lower your rate by 0.50% by applying with a qualified co-borrower. You can earn an additional 0.25% rate discount by making automatic electronic payments during your repayment period.

How is the origination fee calculated?
The International Graduate Student Loan program has a four percent (4%) origination fee. The fee is equal to 4% 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 $400 and the total loan amount will be $10,400.

How are rates determined?
They vary based on the Prime Rate (which can be found in The Wall Street Journal) but, if applicable, are also dependent on the credit score of your co-borrower.

Is a co-borrower required?
No. A co-borrower is not required for this loan. Please note, however, that due to credit and income criteria, having a co-borrower could improve the chances for loan approval and also result in a lower interest rate. (A co-borrower is a person who signs the Promissory Note to help enable a Borrower to qualify for the Loan. The co-borrower is also obligated to the debt. To qualify, a co-borrower must be a U.S. citizen or permanent resident and meet credit score criteria. With automated payment and after 48 consecutive monthly on-time payments, a co-borrower may request to be released from the loan. However, the release is subject to the credit-worthiness of the primary borrower.)

What are the repayment terms?
Students may choose full deferment while in school or choose to make payments while enrolled. Once you complete your enrollment at Harvard, or after 4 years (whichever comes first), the repayment period of 15 years (180 months) begins.

How do I apply?
Click here to quickly and easily apply online. If you have additional questions, please contact our student loan representatives by calling 877-716-6587, or if you are calling internationally, 01-916-281-2491. Representatives are available Monday through Friday, 8:00am - 8:00pm EST and Saturday, 9:00am - 1:00pm. You may also email our student loan representatives anytime at huecu@cology.com.