Last Updated: June 30, 2022
For a Student loan:
No, we do not require payments while the student is enrolled in school.
We have 4 different repayment options: Deferred, Interest Only, Flat Pay (you pay $25 a month) and Full Principal and Interest.
If you don't want to make any payments until after graduation, select Deferred.
If you choose Deferred, interest Only, or the Flat Pay options, the full principal and interest payments will start 6 months after graduation.
For a Parent loan:.
We require that you pay at least the monthly interest charges while the student is in school.
Read about the differences between a Student Loan and a Parent Loan here.