Subsidized & Unsubsidized Loans

Borrow Only What You Need
Repayment Terms
Interest Rate
Monthly Payment
Repayment Period
Grace Period
Keep Copies of Loan Documents


Repayment Period
The standard repayment period is 10 years. However, when you go into repayment you will have the option to choose other terms. For example, you may extend the repayment period in order to make your monthly payments more affordable. Be aware that this means it will not only take you longer to be free of student loan debt, but you will be paying more interest over the life of the loan. It is much better to limit your borrowing so that you can afford to pay your loan off within 10 years.

 

 

 

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