VIENNA, Va.— Navy Federal Credit Union has introduced a new Graduate Student Loan. The credit union said the product offers competitive rates and flexible terms for students enrolled in master’s, doctoral, medical, law and other professional programs.
“Pursuing a graduate degree is a meaningful step forward, and one that often comes with a financial gap,” Caroline Currie, AVP of education lending at Navy Federal, said in a statement. “Our graduate student loan was designed to meet that moment, giving our members a smart, affordable way to fund their next chapter. We’ve built it around what really matters to them: flexibility, simplicity and support. It’s not just about financing education, it’s about helping our members invest in their future with confidence.”
The Benefits
According to Navy Federal, the Graduate Student Loan offers:
• Flexible loan terms available for a single semester or the full academic year
• Coverage of up to 100% of school-certified costs (a maximum of $200,000 across all education lending products)
• Streamlined application process with a fast, user-friendly online experience
• No application or origination fees to reduce upfront costs
• Repayment options designed to support long-term financial planning
• Interest rate discount of 0.25% for automatic payment enrollment
‘Evolving Environment’
“In response to the evolving student lending environment, the Navy Federal Graduate Student Loan was created with our members in mind, keeping their needs front and center from day one,” the world’s largest credit union said in a statement. “With an economy that’s constantly changing, Navy Federal is committed to being a reliable partner for our members every step of the way.”
