APR:
7.75%
Initial grace period:
6 months
Post-deferment grace period:
None
Repayment period:
120 months
Accrued interest:
Interest accrues from date of disbursement until repayment period begins. Interest accrues during a deferment or forbearance.
Deferment types for this loan:
Full-time student: No limit
Half-time student: No limit
Graduate fellowship: No limit
Rehabilitation/professional training: No limit
Unemployment: 3-yr max
If you do not qualify for a deferment, you can apply for forbearance.
Cancellation types for this loan:
Permanent total disability
Death