DRB MBA Loan Review
DRB, or Darien Rowayton Bank, is a leading private student lender based in Connecticut that operates in all 50 states. DRB offers student loan refinancing, parent loan refinancing, and new MBA loans.
DRB MBA Student Loan Overview
|Fixed Rate:||6.26% - 6.67%|
|Variable Rate:||4.89% - 5.12%|
|Minimum Loan Amount:||$5,000|
|Maximum Loan Amount:||Cost of Attendance|
|Minimum Loan Term:||10 years|
|Maximum Loan Term:||20 years|
*Fixed and variable rates are based on APRs and include an ACH AutoPay interest rate reduction of 0.25%.
|Citizenship/Residency:||U.S. citizen or permanent resident (including your co-signer, if any)|
|Eligible Schools:||You are attending an eligible Title IV school or degree program|
Loan eligibility depends on a number of additional factors, including your credit profile, income, and total debt payments.
|University of Chicago||University of Michigan||University of Pennsylvania||University of Virginia||Yale|
|Loans Eligible:||Both federal and private loans|
|Loan Forgiveness:||Loans are forgiven in the event of death or permanent disability|
|Flexible Loan Repayment:||6 month grace period; also can pay interest only (or interest and principal) while in school|
- Current loan information/documents
- Proof of income and employment (e.g., recent paystubs)
- Diploma or transcript
- Lemonade Tip: DRB offers a 0.25% employment discount (less any increased in the 5 Year Treasury rate) for fixed rate loans upon: (a) proof of graduation and two pay stubs; or (b) an executed letter of employment showing at least $100,000 in annual income.
- Lemonade Tip: DRB, at its discretion, offers full or partial forbearance of payments for one or more 3-month time periods (not to exceed 12 months in the aggregate during the term of your loan).
Applying is super easy – get your new rate within 2 minutes
*Checking your rate will not affect your credit score.
The 6 Best MBA Student Loans In 2016
Want to save money on your MBA student loans? These lenders represent our top MBA student loan picks for 2017, and may be able to help you save thousands of dollars on your MBA student loans by offering lower interest rates and lower monthly payments. That’s real money back in your pocket.
Learn your new student loan interest rate in a matter of minutes.
MBA Student Loans – Best of The Best
|Lender||Rates (APR)||Loan Terms (Years)||Get Your Rate||Learn More|
|4.07% - 11.35%||8, 10, 12, 15||2 minutes||START SAVING|
|3.28% - 7.24%||5, 10, 15, 20||2 minutes||START SAVING|
|4.45% - 7.45%||10, 15, 20||2 minutes||START SAVING|
*Make Lemonade is not a lender and does not make loans. We are a free, independent and unbiased website that helps empower borrowers so they can make more informed financial decisions. The rates, terms and other student loan information provided on this website do not legally bind Make Lemonade or the lenders referenced herein. The rates, terms and other student loan information are estimates and may change periodically and/or differ from your final rate and terms, which may be based on your individual credit profile and other factors as determined solely by the lender. If you would like to apply for a loan, please visit the website(s) of each lender and carefully review their rates, terms and conditions for further information. Average savings is for all customers generally, and not necessarily for this product specifically.