Dental News - ADA announces student loan refinancing offer

Dental Tribune USA

Tue. 13 October 2015

save

CHICAGO, Ill., USA: The American Dental Association recently announced an exclusive endorsement with DRB (Darien Rowayton Bank) allowing ADA member dentists the opportunity to refinance existing federal and private undergraduate and graduate school loans at a lower rate to save tens of thousands of dollars, on average.

“We’ve listened carefully to our members, particularly those in the early stages of their dental careers, and many have indicated that paying off student loan debt is one of their greatest concerns,” said ADA President Maxine Feinberg, DDS. “By teaming up with DRB, the ADA provides our members with lower rates that translate into greater peace of mind and substantial savings at a pivotal point in their careers. This is just one of the ways that we are investing in the future of dentistry.”

The ADA is committed to working with new dentists who are in the most challenging stage in their career. The DRB low rate student refinance loan, offered at both fixed and variable rates, is one of the many resources that the ADA provides to new dentists. The ADA endorsement not only gives ADA members access to one of the lowest student loan refinance lenders in the country, but the ADA has also secured from DRB preferential interest rates for its members who qualify.

“We are thrilled to work with the ADA to offer its members some of the lowest student loan rates in the industry,” said Gary Lieberman, chairman of the board at DRB. “The average dentist graduates with $247,000 in student loan debt and dentists who refinance with DRB can save an average of $38,000 with a fixed-rate refinance loan. With these savings, they can focus on their patients and not on their student debt.”

The endorsement is effective immediately. Only ADA member dentists are eligible for this exclusive student loan refinancing offer from DRB, and annual renewal of ADA membership is a requirement to receive the lower rates per the terms of the agreement.

(Source: American Dental Association)

To post a reply please login or register

AGD supports student loan legislation

CHICAGO, Ill., USA: The Academy of General Dentistry (AGD) commended the U.S. Congress for passing the Bipartisan Student Loan Certainty Act of 2013 (House ...

ADA Foundation announces winner of Dr. Ray Bowen Student Research Award

CHICAGO, Ill., USA: The ADA Foundation (ADAF), in cooperation with the Academy of Operative Dentistry (AOD), recently announced the winner of the 2017 Dr. ...

ADA announces major changes to radiography safety protocols

CHICAGO, US: An expert panel established by the American Dental Association (ADA) Council on Scientific Affairs has published new recommendations for safety...

ADHA announces leadership

LAS VEGAS, NV, USA: Caryn Loftis-Solie, RDH, of Sparks, NV, was inaugurated as the 2010–2011 president of the Chicago-based American Dental ...

ADA announces new policy to combat opioid epidemic

CHICAGO, Ill., USA: The American Dental Association (ADA) today announced a new policy on opioids supporting mandates on prescription limits and continuing ...

Henry Schein announces new initiatives, awards at ADA 2016

DENVER, Colo., USA: Henry Schein Dental unveiled a number of new initiatives and awards during the American Dental Association’s annual meeting, held ...

Hinman announces lineup of podcasters and offerings for students

ATLANTA, Ga., USA: The Thomas P. Hinman Dental Meeting has announced the lineup for its Hinman Podcast Lounge, featuring 10 popular dental podcasters ...

Dentists who pledge to help underserved get loan repayments, thanks to CDA Foundation

SACRAMENTO, Calif., USA: The California Dental Association Foundation recently awarded Aisha Amin, DMD, with its Student Loan Repayment Grant and selected ...

ADA Foundation accepting applications for Dr. Ray Bowen Student Research Award

CHICAGO, Ill., USA: The ADA Foundation, in cooperation with the Academy of Operative Dentistry, is now accepting applications for the 2015 Dr. Ray Bowen ...

ADA meeting in D.C. offers new products, education

WASHINGTON, D.C., USA: For more than a few exhibiting companies and organizations, Thursday wasn’t just the first day of the ADA 2015 exhibit hall, it...

Education

Live webinar
Mon. 22 April 2024
10:00 AM EST (New York)