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Annual Percentage Rate:

5%

Initial Grace Period

12 months
Post Deferment Grace Period None
Repayment Period 10 Years

Deferment Types:
(Please refer to your promissory note for detailed information)

  1. Active Duty in the Uniformed Services (maximum deferment is 3 years)
  2. Peace Corp Volunteer (maximum deferment is 3 years)
  3. Advanced professional training
  4. Leave of absence to pursue related educational activity (maximum deferment is 2 years)
  5. Fellowship training program which is directly related to the health profession for which the student prepared at New York University (maximum deferment is 2 years)
 

*Please note: there are no forebearance and/or cancellations for these types of loans