How long do I have to repay the loan?

You’ll be making either $20 minimum or interest only payments on your loan each month during your in-school period for up to 51 months.  Loan repayment begins six months after graduation* (example: if you graduate in May your first payment would be due in November).  Your loan repayment period is 10 years (120 months)

*Your repayment period will begin sooner if you discontinue your eligible college program or are no longer enrolled full time in an eligible school.  



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