Why a Brazos MBA Loan Is Right for You
Secure the Additional Funds Necessary To Obtain Your Degree
Up to 100% of School-Certified Expenses Covered
Borrow up to the full cost of attendance minus any financial aid received. Expenses include tuition, housing, books and even a computer. This helps you save money over the long haul. With Brazos MBA loan, you can choose to defer all payments while in school.
Zero Fees
Unlike other lenders, Brazos does not charge application, disbursement or origination fees. Know your credit score? Estimate your rate and payment options using our MBA loan calculator
Repayment on
Your Terms
With Brazos MBA loan, you can borrow a minimum of $1,000 up to the full cost of attendance with multiple repayment terms. Use our MBA student loan calculator to compare rates and find the right loan.
Apply Online
in Minutes 8
At Brazos, we make your MBA student loan application process easy. Use our MBA loan calculator to evaluate multiple loan rates, then complete your application online. It only takes minutes to apply!
Cosigning
Made Easy
Get a cosigner with a good credit score to increase your likelihood of loan approval. Your parent, spouse or friend with satisfactory credit and a minimum verifiable gross income can be a cosigner.
Texans Serving
Texans
Brazos Higher Education is a Texas non-profit dedicated to making higher education more attainable for Texas residents. Even if you live outside Texas, if you plan to attend a Texas college, our loan can save you money.
At Brazos Higher Education, we disclose all rates so you can evaluate your options before applying for a loan. Use our MBA student loan calculator to check rates and get the right loan, depending on your circumstances.
Comparing Student Loan Rates Can Save Significant Money
Brazos’ nonprofit status and mission allow us to offer competitive rates to Texas borrowers. Our rates are designed to save you money over the life of your loan.7 Compare Brazos Student Loan rates to rates offered by other lenders. Ranges cover multiple available repayment options and include available discounts.
Student Loan MBA Fixed Interest Rates (APRs)
All displayed rates include a .25% Auto-Pay discount for auto-debit payments. Displayed rates taken from competitor websites as of 06 January 2025. For Earnest, displayed rates are taken from ELM Select (www.elmselect.com) as of 06 January 2025. The range of rates shown may have changed. Please visit the applicable website for each lender's most current rates and for terms and conditions to qualify for the auto-pay discount. Like at Brazos, the specific rate you receive from other lenders is dependent on numerous factors, including your creditworthiness, the term and repayment option you select, available borrower benefits and the length of any deferment period(s) assumed in calculating the rates.
Rates are not the only factor to consider when shopping for a private student loan. As with any loan, think carefully about your financial situation and understand the details about the loans you’re comparing when deciding which private student loan is right for you.
3 Ways to Repay Brazos MBA Loans
Choose one of three ways to repay your MBA loan:
Deferred Repayment
Make no payments of principal or interest while in school (up to 54 months) and for six months after you graduate or cease to be enrolled at least half-time at an eligible school.
Interest Only Repayment
Pay only the interest while studying and during a six-month grace period after you graduate or withdraw enrollment at least half-time at an eligible school.
Immediate Repayment
Begin repayment of principal and interest immediately after your MBA loan is fully disbursed, even while you’re in school.
Already graduated?
Looking to manage repayment on your existing student loans that works with your budget? Now could be the perfect time to refinance your student loans.
Click HERE for more information.
What People Say
About Us
Frequently Asked Questions
Brazos MBA Loans cover school-certified educational expenses, including:
- Tuition and fees
- Room and board
- Textbooks, supplies and equipment
- Transportation
- A computer
- Other costs necessary to complete your degree
Texas student loans may be requested up to the cost of attendance, less other financial aid, as certified by the school.
Texas Residents- The minimum student loan eligibility amount is $1,000.
Non-Texas Residents Attending a Texas School- The minimum student loan eligibility amount is $2,001.
We encourage all students to exhaust all forms of federal student aid, grants and scholarships before taking out a private student loan like the Brazos Student Loan.
To be eligible for a Brazos Student Loan, you must:
- Be a United States citizen or National, permanent resident, or, if applying with an Eligible Cosigner, a non-citizen with a work or student visa or a DACA Recipient.
- Be at least 18 years old.
- Texas Resident
- Be applying to finance an undergraduate or graduate degree and be enrolled at least half-time in a degree-granting program at one of over 2,000 schools nationwide.
- Non-Texas Resident
- Be applying to finance an undergraduate or graduate degree and be enrolled at least half-time in a degree-granting program at an eligible college in Texas.
- Apply for an amount that is certified by the school the student is attending (see the "Certifying the Cost of Attendance" section of the FAQs)
- Have a minimum annual income of $35,000, or apply with a qualified cosigner.
- Have a FICO score of at least 680, or apply with a qualified cosigner.
- Have a strong credit history and meet other credit requirements, or apply with a cosigner who meets these requirements.
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Not a Texas Resident & Not attending a Texas school? We Can Still Help!
If your credit history does not meet our minimum credit criteria, you may still qualify by applying with a qualified cosigner. Additionally, even if you meet the minimum requirements, applying with a cosigner who has a stronger credit history may reduce the interest rate on your student loan rate even further, thereby saving you more money over the life of the loan.
Interest that accrues and remains unpaid will be added to the principal balance of the loan (capitalized) at the end of the Interim Period or grace period, as well as at the end of any consecutive periods of forbearance or deferment. For the Deferred Repayment option and the Interest Only Repayment option, the Interim Period ends six months after you cease to be enrolled at least half time or you graduate (not to exceed fifty-four (54) months). For the Immediate Repayment option, the Interim Period ends once the loan is fully disbursed.
