Further your education.
Deciding to pursue higher education is an investment in your future. A graduate or post-graduate loan with M&T can help you get there.
$1,000
ScholarshipEnter for a chance to win $1,000 to pay for education expenses with the M&T Bank Scholarship Sweepstakes!
SWEEPSTAKES: NO PURCHASE, ACCOUNT OPENING, LOAN APPLICATION, DEPOSIT OR PAYMENT IS NECESSARY TO ENTER OR WIN THIS SWEEPSTAKES, NOR WILL IT INCREASE YOUR CHANCE OF WINNING. VOID WHERE PROHIBITED.
Sweepstakes period is from 9:00 a.m. ET on May 17, 2021 through August 31, 2021 at 11:59:59 p.m. ET. You must be at least 18 years of age and be enrolled as a full-time or part-time (at least 6 hours) student at a post-secondary institution, including but not limited to junior colleges and vocational schools, during the 2021 calendar year. Only legal residents of CT, DC, DE, MD, NJ, NY, PA, VA, and WV are eligible. You may also enter by mailing a postcard with your first name, last name, full address, age, telephone number, email address (if any) and name and state of your post-secondary educational institution to: M&T Bank Scholarship Sweepstakes, P.O. Box 606, Owings Mills, MD 21117 (“Entry” or if plural, “Entries”). Mail-in entries must be received by the end of the Sweepstakes Period. Limit one Entry per person regardless of method. Additional restrictions may apply.
Official Rules, including all eligibility requirements and restrictions, may be viewed here: M&T Bank Scholarship Sweepstakes Rules.
Employees or contractors of Sponsor, MGH, Inc. (the “Administrator”), or their affiliates, advertising, promotion and fulfillment agencies (collectively, “Sweepstakes Entities”) and members of their immediate families or households are not eligible. Winners of any other M&T Bank contest or sweepstakes in the previous six-month period are ineligible.
SPONSOR: M&T Bank, One M&T Plaza, Buffalo, NY 14203-2399.
PRIVACY: Information collected from any entrant will be used only for statistical analysis and for purposes of the Sweepstakes (including, without limitation, the Prize drawings performed by the Administrator) and to notify and announce the Winners as set forth in these Official Rules. Such information will not be reused, sold or shared in any other manner by Sponsor unless entrant has requested to receive additional information and promotional material from Sponsor (in which case, entrant can opt out of such communications at any time). Sponsor’s privacy policy is available at https://www.mtb.com/help-center/policies/privacy-policy.
Official Rules, including all eligibility requirements and restrictions, may be viewed here: M&T Bank Scholarship Sweepstakes Rules.
Employees or contractors of Sponsor, MGH, Inc. (the “Administrator”), or their affiliates, advertising, promotion and fulfillment agencies (collectively, “Sweepstakes Entities”) and members of their immediate families or households are not eligible. Winners of any other M&T Bank contest or sweepstakes in the previous six-month period are ineligible.
SPONSOR: M&T Bank, One M&T Plaza, Buffalo, NY 14203-2399.
PRIVACY: Information collected from any entrant will be used only for statistical analysis and for purposes of the Sweepstakes (including, without limitation, the Prize drawings performed by the Administrator) and to notify and announce the Winners as set forth in these Official Rules. Such information will not be reused, sold or shared in any other manner by Sponsor unless entrant has requested to receive additional information and promotional material from Sponsor (in which case, entrant can opt out of such communications at any time). Sponsor’s privacy policy is available at https://www.mtb.com/help-center/policies/privacy-policy.
Financing your graduate school tuition is important.
M&T graduate and post-graduate loans offer competitive fixed and variable rates and desirable features to help you feel secure in your decision to pursue higher education. You can apply for the loan amount you’ll need to cover your expenses and the application process is quick and easy.
Details and Features
Rate discount available
Get a 0.25 percentage point interest rate reduction when you enroll and make monthly payments by auto debit.
The borrower or cosigner must enroll in auto debit through M&T Bank's servicer, Sallie Mae to receive a 0.25 percentage point interest rate reduction benefit. This benefit applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment, if available for the loan.
Borrow what you need
Borrow from $1,000 up to 100% of your school-certified expenses for graduate loans. For post-graduate loans, borrowing amounts are different.
Loan amount cannot exceed the cost of attendance less financial aid received as certified by the school. M&T Bank reserves the right to approve a lower loan amount than the school-certified amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half time.
No origination fee
No origination fee or penalty for paying off your loan before its due date.
Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
Choose your graduate loan repayment option
Choose one of the following repayment options as part of the graduate loans application process. Post-graduate loans have different repayment terms.
- Defer payments until after you leave school.
- Pay monthly interest while in school.
- Pay $25 per month while in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical MBA Loan made to a first-year graduate MBA borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
This repayment example is based on a typical Medical School Loan made to a first-year graduate medical borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 10.52% variable APR. It works out to 81 payments of $25.00, 238 payments of $170.75 and one payment of $100.32, for a Total Loan Cost of $42,763.82. Variable rates may increase over the life of the loan.
This repayment example is based on a typical Dental School Loan made to a first-year graduate dental borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 10.98% variable APR. It works out to 57 payments of $25.00, 238 payments of $151.78 and one payment of $90.01, for a Total Loan Cost of $37,638.65. Variable rates may increase over the life of the loan.
This repayment example is based on a typical Graduate School Loan for Health Professions made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
This repayment example is based on a typical Law School Loan made to a first-year graduate law borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.21% variable APR. It works out to 42 payments of $25.00, 179 payments of $152.87 and one payment of $60.14, for a Total Loan Cost of $28,473.87. Variable rates may increase over the life of the loan.
This repayment example is based on a typical Graduate School Loan made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
Graduate Loan Options
MBA Loan
Pay for your business school expenses as you pursue your Master of Business Administration degree.
Variable Rates:
2.12% APR – 11.64% APR
Fixed Rates:
4.75% APR – 12.11% APR
Loan Term: 15-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical MBA Loan made to a first-year graduate MBA borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
Medical School Loan
Pay for your medical degree expenses in allopathic, general, osteopathic, podiatric, radiology, sports, and veterinary medicine.
Variable Rates:
2.12% APR – 11.48% APR
Fixed Rates:
4.75% APR – 11.97% APR
Loan Term: 20-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical Medical School Loan made to a first-year graduate medical borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 10.52% variable APR. It works out to 81 payments of $25.00, 238 payments of $170.75 and one payment of $100.32, for a Total Loan Cost of $42,763.82. Variable rates may increase over the life of the loan.
Dental School Loan
Pay for your dental degree expenses in general dentistry, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, periodontics, and prosthodontics.
Variable Rates:
2.12% APR – 11.48% APR
Fixed Rates:
4.75% APR – 11.98% APR
Loan Term: 20-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical Dental School Loan made to a first-year graduate dental borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 10.98% variable APR. It works out to 57 payments of $25.00, 238 payments of $151.78 and one payment of $90.01, for a Total Loan Cost of $37,638.65. Variable rates may increase over the life of the loan.
Graduate Loan for Health Professionals
Pay for your health professions degree expenses in allied health, nursing, pharmacy, and other graduate-level health degrees.
Variable Rates:
2.12% APR – 11.64% APR
Fixed Rates:
4.75% APR – 12.11% APR
Loan Term: 15-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical Graduate School Loan for Health Professions made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
Law School Loan
Pay for your school and associated expenses as you study for your law degree.
Variable Rates:
2.12% APR – 11.48% APR
Fixed Rates:
4.75% APR – 11.98% APR
Loan Term: 15-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical Law School Loan made to a first-year graduate law borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.21% variable APR. It works out to 42 payments of $25.00, 179 payments of $152.87 and one payment of $60.14, for a Total Loan Cost of $28,473.87. Variable rates may increase over the life of the loan.
Graduate Student Loan
Pay for your school and associated expenses as you pursue your master's or doctoral degree.
Variable Rates:
2.12% APR – 11.64% APR
Fixed Rates:
4.75% APR – 12.11% APR
Loan Term: 15-year repayment term of principal and interest payments.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
Interest is charged throughout the life of the loan - beginning with disbursement, during school, through any grace/separation period, and ending when the loan is paid in full. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan's Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. All Advertised APRs assume a $10,000 loan. Medical School Loan and Dental School Loan APRs assume 4 years in school. Law School Loan APRs assume 3 years in school. MBA Loan, Graduate School Loan for Health Professions, and Graduate School Loan APRs assume 2 years in school.
This repayment example is based on a typical Graduate School Loan made to a first-year graduate borrower who chooses a variable rate and the Fixed Repayment Option for a $10,000 loan, with two disbursements, and a 11.49% variable APR. It works out to 27 payments of $25.00, 179 payments of $139.96 and one payment of $27.70, for a Total Loan Cost of $25,755.54. Variable rates may increase over the life of the loan.
Bar Exam Loan
Pay for your expenses associated with fees and living costs as you study for the bar exam.
Variable Rates:
2.90% APR – 11.56% APR
Fixed Rates:
5.75% APR – 12.68% APR
Repayment option: Deferred repayment
- Make no scheduled payments while you’re in school at least half-time and in grace (nine months after leaving school)
Borrowing amount: $1,000 up to $15,000
- Take control of your funds; the funds are sent directly to you
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the 9-month grace period, and ending when the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $15,000 loan disbursed at the time of the student's graduation from school.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the 9-month grace period, and ending when the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $15,000 loan disbursed at the time of the student's graduation from school.
Medical Residency Loan
Pay for expenses associated with taking board examinations, travel for interviews, and moving for your medical residency.
Variable Rates:
2.90% APR – 8.58% APR
Fixed Rates:
5.93% APR – 10.19% APR
Repayment option: Deferred repayment
- Defer your principal and interest payments while you’re enrolled at least half-time and during your grace period (three years after you graduate or nine months if you leave school or drop to less than half-time status).
Borrowing amount: $1,000 up to $30,000
- Take control of your funds; the funds are sent directly to you.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.
Dental Residency Loan
Pay for expenses associated with taking board examinations, travel for interviews, and moving for your dental residency.
Variable Rates:
2.90% APR – 8.58% APR
Fixed Rates:
5.93% APR – 10.19% APR
Repayment option: Deferred repayment
- Defer your principal and interest payments while you’re enrolled at least half-time and during your grace period (three years after you graduate or nine months if you leave school or drop to less than half-time status).
Borrowing amount: $1,000 up to $30,000
- Take control of your funds, the funds are sent directly to you.
Lowest rates shown include an auto debit discount. Fixed rates will remain constant while variable rates will fluctuate with the market over the life of the loan.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.
Got questions? We're here to help.
Application Checklist
Before starting, we recommend you (and your cosigner, if applicable) have the following information handy:
- Permanent address
- Social Security numbers
- School information
- Academic period of enrollment
- Requested loan amount
- Financial aid and scholarships you expect to receive
- Financial information
- Two personal contacts (other than your cosigner)
M&T Bank Student Loans
We've partnered with Sallie Mae to provide superior loan servicing and expertise on your student loan.
Get a little extra support for expenses while in grad school.
M&T Visa Credit Cards
Consider an M&T Visa credit card to help finance your day to day expenses while earning your graduate degree. Whether you're looking for a great rate, rewards or cash back, we give you options.
Learn MoreBorrow responsibly.
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
All loans and lines of credit and all terms referenced are subject to credit approval and other conditions. Other terms, conditions, fees and restrictions may apply.
M&T Bank Graduate Loans: This information is for students attending participating degree-granting schools. Graduate Certificate/Continuing Education coursework is not eligible for MBA, Medical, Dental, and Law School Loans. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Bar Study Loans: This information is for borrowers who are enrolled at least half-time in their final year of study at a participating ABA-accredited law school located in the U.S., or have graduated from one within the last 12 months. Borrowers should be sitting for the bar exam no later than 12 months after graduation. Borrowers can be U.S. citizens or U.S. permanent residents or Non-U.S. citizens who reside in the U.S. and apply with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
Bar Exam Loans are intended to cover expenses not included in your school's cost of attendance.
Residency Loans: This information is for borrowers who are pursuing or have received a [M.D., D.O., D.D.S., D.M.D., D.P.M., D.V.M., or V.M.D. degree. Borrowers must be enrolled at least half time in their final year of study at a participating allopathic, osteopathic, podiatric, dental or veterinary medicine school, or have graduated from one within the past 12 months. Borrowers must be U.S. citizens or U.S. permanent residents if the school is located outside of the United States. Non-U.S. citizen borrowers who reside in the U.S. are eligible with a creditworthy cosigner (who must be a U.S. citizen or U.S. permanent resident) and are required to provide an unexpired government-issued photo ID to verify identity. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
To participate in the Residency and Relocation Loan program, veterinary medical schools are required to be accredited by the American Veterinary Medical Association, dental schools are required to be accredited by the American Dental Association, medical schools are required to be accredited by the Liaison Committee on Medical Education or the American Osteopathic Association's Commission on Osteopathic College Accreditation, and podiatric schools are required to be accredited by the Council on Podiatric Medical Education.
Residency Loans are intended to cover expenses not included in your school's cost of attendance.
M&T BANK RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
M&T Bank Loans are funded by M&T Bank.
Information advertised valid as of 05/01/2021.
Sallie Mae is a registered trademark of Sallie Mae Bank.
Visa® is a registered trademark of Visa International Service Association. All other service marks and trade names referenced in this material are the property of their respective owners.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the 9-month grace period, and ending when the loan is paid in full. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $15,000 loan disbursed at the time of the student's graduation from school.
Interest is charged throughout the life of the loan—beginning with disbursement, during school, through the applicable grace period, and ending when the loan is paid in full. For those who graduate, the grace period is 36 months. For those who withdrawal or whose attendance falls below half-time status, the grace period is 9 months. Once principal and interest repayment begins, any Unpaid Interest will be added to Current Principal, increasing the Total Loan Cost. Variable rates may increase over the life of the loan. Advertised variable rates reflect the starting range of rates and may vary outside of that range over the life of the loan. Advertised APRs assume a $20,000 loan disbursed at the time of student's graduation from school.