• How do I go about choosing a student loan?

• Answer:  Shop around and compare. Look for the lowest possible interest rates, select the shortest pay back period. If it is possible, avoid unsubsidized loans and loans that charge points. Do not select a graduated repayment plan where initial payments consist of a portion of current interest due only. Unpaid interest is added to the principal amount and interest is charged on interest in an ongoing "snowball" effect. Such loan repayment plans can result in a student loan with a longer life expectancy than the student! Avoid repayment terms of more than 10 years duration. If you are able to borrow from an individual, be sure to get the terms of your loan in a signed, written agreement.

Our Mission

"To develop funding to repay educational loans for healthcare workers as they minister among the underserved at home and abroad. "

Project MedSend is a not-for-profit organization and is an approved member of ECFA.


Approved Combined Federal Campaign Charity #12466 (MedSend)


Your Guide to Intelligent Giving