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HEALTH PROFESSIONS RESIDENCY LOAN


Quick Facts
Designed to cover expenses associated with residency and internship programs
Rates as low as Prime minus 1%1
Zero fees
Borrow up to $12,500

Offered in partnership with TERI®, the Health Professions Residency Loan is a great solution to the funding gap that can arise when you relocate and begin your residency program.

This flexible loan is designed to cover expenses associated with completing residency and internship programs. Medical and dental students who have been accepted into a residency program can borrow up to $12,500 at an interest rate as low as Prime minus 1%.1

Here's why students choose the Health Professions Residency Loan:

  • Make no payments until 9 months after your residency
  • Quick online application with fast approvals
  • International students are eligible with a U.S. co-signer
  • Top-rated customer service

Need to learn more?

Go to the following links to learn more about the Health Professions Residency Loan.

Ready to apply?

Use our fast online application or call us at (800) 255-8374.


1 The variable interest rate is based on the highest domestic Prime Rate as published in the "Money Rates" table of The Wall Street Journal less a margin of 0.50%. The variable interest rate is set monthly based on the Prime Rate as published on the last business day of the calendar month immediately preceding each monthly adjustment date. Interest rate reduced an additional 0.50% when loan payments are made using auto debit. With this rate reduction, qualified borrowers receive Prime minus 1%.

TERI® is a registered mark of The Education Resources Institute.

Private education loans originated by Wachovia Bank of Delaware, N.A.

Equal Credit Opportunity Lender

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