Discover® Custom Graduate Loan

To be eligible for the Discover Custom Graduate Loan, you must be residing in the United States during your program studies.

  • Annual loan limit: $15,000 per semester. Aggregate loan limits apply.
  • Current APR
  • Zero fees
  • The grace period ends 9 months after graduation or after enrollment drops below half-time [6 units]
  • 20-year repayment term (See current APR)
  • You can make a payment anytime without penalty
  • 0.25% interest rate reduction while enrolled in automatic payments (Visit for terms and conditions.)
  • Applicants must pass a credit check and meet other factors. However, a lack of credit history will not lead to a denial.
  • Cash rewards for Good Grades: Students who get at least a 3.0 GPA (or equivalent) may qualify for a one-time cash reward on each new Discover custom graduate loan. Reward redemption period is limited. Visit for reward and redemption terms and conditions.

IMPORTANT: Please contact the Haas Financial Aid Office immediately if you become aware of financial aid exceeding the Cost of Attendance. A loan return may need to be initiated if a student anticipates any additional funding that may exceed the Cost of Attendance.