Sentences with phrase «total loan disbursement»

These disclosures would include an estimate of the total loan disbursement, the final repayment amount, and a monthly payment calculation after graduation.

Not exact matches

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

Truth in Lending Disclosure — This disclosure is a statement provided to you prior to or at the time of disbursement of a private loan that lists the lender name and contact information, amount financed, annual percentage rate (APR), finance charge, payment amount and schedule, and total repayment amount.

The payment examples below assume the APR, monthly payment and total payments that would apply to a $ 100,000 private loan that is made at the end of the residency period in a single disbursement.

The APR range shown assumes the APR, monthly payment and total payments that would apply to a loan that is made at the end of the residency period in a single disbursement.

1 APR, projected monthly payments, and total cost of loan examples are based on a $ 10,000 loan disbursed in one disbursement with either 5 — year, 10 — year, 15 — year or 20 — year repayment.

Each has its own eligibility requirements, so factors such as your income, loan type, date of loan disbursement, and total debt might narrow down your options.

Federal student loan fees are taken as a percentage of the total loan amount and deducted proportionally from each loan disbursement, meaning you'll receive slightly less than the amount you borrow.

5This informational repayment example uses typical loan terms for a parent borrower who selects the Full Principal & Interest Repayment Option with a 10 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.83 % fixed Annual Percentage Rate («APR»): 120 monthly payments of $ 114.82 while in the repayment period, for a total amount of payments of $ 13,778.89.

3This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.5 % variable Annual Percentage Rate («APR»): 54 monthly payments of $ 25 while in school, followed by 96 monthly payments of $ 154.95 while in the repayment period, for a total amount of payments of $ 16,224.78.

iHelp, for example, charges a fee of 2 % (of the total loan amount) at the time of disbursement.

This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with an 8 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 7 % variable Annual Percentage Rate («APR»): 96 monthly payments of $ 179.28 while in the repayment period, for a total amount of payments of $ 17,211.20.

The following examples illustrate three hypothetical first year single disbursement undergraduate student loans in the amount of $ 10,000, with a 0.25 % Automatic Debit Discount during periods in which payments are made, including (i) the Annual Percentage Rate (APR), (ii) estimated monthly payments, and (iii) total cost during the life of the private loan.

Plus this has all other benefits like loan disbursement, child education, Temporary Total Disablement, etc..