Different Payment Options

1. Full Deferral:
If enrolled in school for 4 consectutive years no intrest/principal payments will be due. Payment of intrest/principal will begin 6months after graduation. Intrest would continue during the deferment period and be added to the loan balance during the time of repayment.

2.Intrest Only:
While in school(4 consectutive years) you'll only the intrest of the loan. 45 days after graduation of withdrawal you'll pay off the prinicipal payment.

3. Immediate Repayment:
Payment of both prinicpal and intrest has to be paid after the loan has fully been distrubed.

All of these three options are ways for yound adukts to put them selves in debt.
Full Deferral Payment only gives you ^months after you graduate to pay off. Its nto gaurndene taht after you leave school youll have a job on you feild and if you do the job might not pay enough for you to pay it off.
Intrest Only- WHile in college money is very tight, with the coast of food, books, and other personal expenxes you might not havce the money to pay intrest.
Immediate Repatment: well thats just impossible you might as well have payed for titution out of your own pocket