Loan Rates

BCD alumni pay loans

Thanks to the integrity of Baylor College of Dentistry alumni, current and future BCD students are eligible to receive financial aid. That's because the BCD student loan default rate remains below 1 percent.

"This low default rate allows our students to continue to receive financial aid," said Kay Egbert, director of financial aid. "Because BCD alumni have worked to repay their loans, they are helping to make dental education possible for future dental professionals."

Schools with high default rates are limited in the types of aid available and may be prohibited from participating in federal aid programs. BCD low default rate ensures the college's participation in various aid programs that will benefit students.

"The federal government is even helping our default rate by lowering the interest rate, which is especially good for those who do a consolidation loan," Egbert said. "When you consolidate your loans, the interest is converted to a fixed rate using a weighted average of the current rates of the loans being consolidated."

For more information, contact your lender or call the Student Aid Office at Ext 8236.
 

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