GradBridge Evaluate: Second-Look Pupil Loans

GradBridge is a second-look pupil mortgage financing firm that goals to bridge the hole if you happen to’ve been denied funding from conventional lenders.

It provides graduate and undergraduate loans that may cowl as much as the complete value of attendance. This GradBridge assessment explores the assorted pupil mortgage choices that will help you determine if it is a viable possibility for you.

GradBridge is a pupil mortgage finance firm based to assist college students entry reasonably priced personal pupil loans with out having to undergo the effort of researching and evaluating lenders. The Sunnyvale, California-based firm was based by instructional and fintech professionals, together with a former Sallie Mae government. 

Here is a more in-depth take a look at the graduate and undergraduate pupil loans provided by GradBridge: 

Undergraduate Loans

GradBridge’s undergraduate loans are designed to assist college students cowl tuition, charges, housing, books, and different education-related bills.

Key Options:

• Minimal Mortgage Quantity: $5,000
• Variable APRs: 17.57% – 22.26%
• Fastened APRs: 18% – 22.78% 
• Origination Charge: 5% (added to mortgage quantity)
• Reimbursement Varieties: Curiosity-Solely, $25 Fastened, Deferred Funds
• Reimbursement Phrases: 5, 10, or 15 years
• Cosigners accepted
• Affiliate’s Diploma or Certificates Packages ineligible (have to be a 4-year diploma)

Debtors can select between mounted and variable rates of interest, and compensation phrases of 5, 10, or 15 years, relying on their mortgage quantity. You even have a selection of compensation sort. For instance, you possibly can decide to pay throughout college (curiosity or $25 mounted funds) or defer funds whilst you’re in class. 

Graduate Loans

GradBridge provides graduate pupil loans for superior levels in fields equivalent to Medication, Legislation, Dental, Expertise, Enterprise (MBA), and extra. The charges are the identical as what’s quoted for undergraduate loans, as are the compensation choices and phrases. 

Key Options:

• Minimal Mortgage Quantity: $5,000
• Variable APRs: 17.57% – 22.26%
• Fastened APRs: 18% – 22.78% 
• Origination Charge: 5% (added to mortgage quantity)
• Reimbursement Varieties: Curiosity-Solely, $25 Fastened, Deferred Funds
• Reimbursement Phrases: 5, 10, or 15 years

Are There Any Charges?

Along with the curiosity charged on the scholar loans, GradBridge costs an origination charge of 5% of the unique pupil mortgage steadiness. This charge is added to the quantity borrowed and included within the financing. 

GradBridge is a second-look pupil mortgage supplier, so that you’re seemingly solely contemplating them you probably have been turned down for financing from a conventional lender. Earlier than making use of with GradBridge, you’ll want to contemplate extra reasonably priced choices. 

Take School Ave, for instance. It provides personal pupil loans at charges as little as 2.8% APR, that are a lot decrease than GradBridge’s. And like GradBridge, they will cowl the complete value of college and provide versatile compensation phrases.

One other personal pupil mortgage supplier price contemplating is SoFi. It provides undergraduate loans with APRs beginning as little as 3.18%. You’ll be able to even qualify for a money bonus of as much as $250 if you happen to can obtain a GPA of three.0 or increased. 

GradBridge simply launched in 2025. It has software hyperlinks on its web site, however it seems that they don’t seem to be but energetic. Once you click on on the hyperlink, you get a “Coming Quickly!” message. Nonetheless, GradBridge states on its web site that if one other personal lender has declined you, it could possibly refer you to GradBridge. If referred, you’ll obtain a direct hyperlink to use. 

We now have no cause to consider that GradBridge is unsafe to take care of, nevertheless it must be famous that it’s a brand-new firm that launched in 2025. It has already partnered with established names like CampusDoor, Nelnet, Gestalt, and Maquette Advisors, who will assist GradBridge to scale by delivering the origination know-how, servicing, and analytics required. Additionally, GradBridge was based by a former Sallie Mae government, and its advisor staff consists of different former Sallie Mae executives. 

How Do I Contact GradBridge?

You’ll be able to contact GradBridge by calling 1(877) 427-5123. The corporate’s mailing handle is: 800 North King Road, Suite 304 3596, Wilmington, DE 19801

Is It Price It?

It is early days for GradBridge, however by all accounts, its product providing appears promising. Bear in mind, GradBridge is a second-look lender. That signifies that you’ll seemingly solely contemplate them if you happen to can not receive a non-public pupil mortgage from a conventional lender, which is able to provide a lot decrease charges and charges and extra versatile phrases. As a matter of reality, GradBridge will seemingly compensate conventional lenders who refer declined candidates to GradBridge. 

What I like about GradBridge is how easy their product providing is. Whereas their origination charges and APRs are very excessive, they provide first rate compensation flexibility and a really clear web site. If you happen to’re struggling to get accredited via a non-public lender, ask them if GradBridge may be an possibility.

Take a look at GradBridge right here >>