Borrowers can elect to make interest - only payments for one year after leaving school, giving them more budget flexibility. (valuepenguin.com)
Get budget flexibility — make interest - only payments while your student is in school for up to 48 months, and then principal and interest payments for 10 years. (salliemae.com)
That makes repayment a lot easier for those who don't have as much budget flexibility as they'd like. (nationalcashcredit.com)