Deferred principal repayment. Pay interest while in school for up to four consecutive years. Begin repayment of principal and interest 30 days after graduation or withdrawal from school. Deferred principal and interest repayment. Make no payment while in school for up to 30 days after graduation or withdrawal from school.
Interest is capitalized at repayment.
No penalties for early repayment. Repayment terms up to 25 years. SuperSTAR Loans requires the certification of the school the student is attending. The school will be notified of the approval of the SuperSTAR Loan application and will need to provide this certification prior to disbursements being made. Loan disbursements can be made to the schools vial electronic funds transfer.