What are the best loans for veterinary school?

Federal student loans are generally the best option for veterinary school students. Both Direct Unsubsidized Loans and grad PLUS loans can be used for veterinary school costs.

How much can I borrow for vet school?

You can borrow up to $20,500 per year in Direct Unsubsidized Loans, up to a total of $138,500. Grad PLUS loans allow you to borrow up to your school-certified cost of attendance. While maximum loan amounts for private loans vary by lender, you can often borrow up to the school-certified cost of attendance.

What are the interest rates for vet school loans?

For the 2024-25 school year, Direct Unsubsidized Loans for graduate students have an interest rate of 8.08%, and grad PLUS loans have an interest rate of 9.08%. Private student loan rates vary by lender.

Can I refinance my vet school loans after graduation?

You can refinance your student loans after graduation if you meet the eligibility requirements. Keep in mind that if you refinance federal student loans , you'll lose the perks that come with federal loans — like income-driven repayment plans and possible loan forgiveness.

Should I use federal or private loans for vet school?

You should always max out your federal loans before turning to private loans, which often come with higher interest rates, require a credit check, and have fewer borrower protections.

Best Vet School Loans: Top Options To Fund Your Veterinary Degree