Loans for Disadvantaged Students
APR: 5%
Initial grace period: 12 months
Post-deferment grace period: None
Repayment period: 120 months
Deferment types for this loan:
Full-time student: No limit
Graduate fellowship: No limit
Armed forces/public health service: 3-yr max
Peace Corps: 3-yr max
Internship/residency: 2-yr max
Economic hardship: 2-yr max
If you do not qualify for a deferment, you can apply for forbearance.
Cancellation types for this loan:
Permanent total disability
Death