Sentences with phrase «year repayment term instead»

However, if you opt for a 20 - year repayment term instead, your interest rate can be as high as 8 %.

Not exact matches

They do this in subtle ways, such as using a 20 year term instead of a 10 year term in their repayment examples.

More importantly, because of the 10 year repayment requirement, the program create incentive to remain at a public interest job for a longer term, instead of simply taking the job for a few years and bolting for the private sector.