Every student’s financial aid package is different, but packages may include a combination of scholarship awards, savings, and student loans. When determining your scholarship award, we assume you will take out a loan. Last year, the average student graduated with loans of approximately $99,000. The average student loan debt for scholarship recipients was $94,000 and the average student loan debt for the neediest half of scholarship recipients was $75,000.

To better understand how HBS graduates manage and repay their student debt, we interviewed several alumni about their loan repayment journeys. Read the Student Loan Blog Series.

If this is your first time taking out a student loan, or you would like to better understand your loan options, please take time to review the following.