Sentences with phrase «additional year grace period»

Not exact matches

This loan has one additional benefit, which is that students can request loan deferment during their residency provided that it does not exceed ten years of deferment, including the grace period.

For instance, according to Sallie Mae, if you have a $ 5,500 loan at 6.8 percent interest and make no payments for four years and during the six - month post-graduation grace period, you'll end up owing an additional $ 1,500 in accrued interest.

You're allowed ample time to start making payments: you can hold off for all four years of school, plus an additional six months after graduating called a grace period.

Under the full deferment payment plan, interest and principal will be deferred while you are in school, and for an additional grace period of up to six months (allowing for a combined maximum deferment of 32 months), after which there will be a ten - year (120 months) or fifteen - year (180 months) repayment period.

A member will be considered as lapsed and automatically terminated if such member's dues remain unpaid 90 days after the first day of the fiscal year; however, the Board may grant an additional 90 day grace period to such delinquent members in meritorious cases.

You're allowed ample time to start making payments: you can hold off for all four years of school, plus an additional six months after graduating called a grace period.