For Interest-Only Loans: You will begin making interest-only payments one month into program and continue through two months following graduation. Following your deferment period, you will begin making full repayments (interest + principal) for the duration of your loan period.
For Immediate Repayment Loans: You will start making full (interest + principal) payments 30 days after program start.
Upon loan acceptance, we will provide you with several options for making payments, including automated payments. You may create an account at www.studentloan.org at any time to manage payments and account balance.
Yes, you can pre-pay your loan at any time without penalty.