MedCAP-XTRA® Loan for Medical School Financing

Wells Fargo offers a variety of private student loans at competitive rates. When it comes to financing your education, be sure to look at all of your options - including grants, scholarships and loans from all sources - and make careful comparisons among all your choices. If you determine a private student loan for medical school financing is right for you, Wells Fargo offers loans to fit the needs of nearly every student.

About federal loans: Wells Fargo and other private lenders no longer are able to originate federal student loans. All new federal loans are available directly from the U.S. Department of Education.
Medical and health professions students can get additional financing for residency relocation, internships, and/or medical boards and clinical exams with a Wells Fargo MedCAP-XTRA Loan1.

Payments do not begin until:

Up to 60 months after you leave school for allopathic (M.D.) and osteopathic (D.O.) medical students
6 months after you leave school for students in other eligible disciplines
Automatic payment discount — Lower your interest rate by 0.25% when you set up an automatic payment from a personal checking or savings account.
Wells Fargo Student Graduation BenefitSM — Lower your interest rate by 0.25% after we verify that you’ve graduated.
Relationship discount — Lower your interest rate by up to 0.50% if you’re a Wells Fargo customer.

$1,000 - $12,500 for medical boards and clinical exams, including review courses, exam costs, and living expenses for allopathic (M.D.) and osteopathic (D.O.) medical students.

$1,000 - $15,000 for residency interview and relocation expenses (up to $5,

Lower your interest rate by 0.25%
Fees No application, origination, or early repayment fees.

You must have an established, positive credit history and be a U.S. citizen, U.S. national, or permanent resident alien without conditions and with proper evidence of eligibility.

To qualify for residency and internship expenses, you must be in you