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Annual Percentage Rate:

5%

Initial Grace Period

9 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. Full-time or half-time enrollment in a course of study at a collegiate school of nursing leading to a baccalaureate degree or graduate degree in nursing.
  4. Pursuing advanced professional training in nursing or training to be a nurse anesthetist (maximum deferment is 10 years)