The Maine Loan together with Maine Health Loan

The Maine Loan together with Maine Health Loan

The Maine Loan may be the way that is smart bridge the space whenever honors, scholarships, funds and educational funding don’t meet up with the expenses of advanced schooling. These loans are powered by Finance Authority of Maine (FAME), Maine’s leading advanced schooling funding professionals. As a state-based agency, FAME provides no upfront/guarantee charges and competitive fixed interest levels to assist you fund your advanced schooling at a reasonable cost.

We should assist you to be the best borrower and hope you are taking advantageous asset of FAME’s economic training resources. Education loan experts positioned appropriate in Maine will be ready to allow you to realize your alternatives and select a solution that fits your financial allowance now and considers where you’ll be after graduation.

Loan prices for 2019-20 are only 4.49% and there’s no (zero) origination or fee that is upfront of sort. All available prices and fees are less than the 2019-20 Federal Direct PLUS Loan (7.08% price and 4.248% cost), and are usually centered on certainly one of three payment choices you are able to pick from to meet up with your preferences.

The fixed interest levels when it comes to Maine Loan TM, Maine’s Alternative scholar Loan TM, and Maine Medical Loan for 2019–2020 are 4.49% 1, 5.49% 2, and 6.49% 3 with regards to the payment choice chosen. These loans are for sale to the entire price of training minus school funding.

Repayment Calculators

Pupil Loan/Salary Calculator: utilize this calculator to assist you realize the feasibility of settling your debt together with your expected future earnings. Continue reading The Maine Loan together with Maine Health Loan