The following loan programs are offered at New York Medical College. If you did not attend NYMC, your educational loan portfolio may vary. For more specific details, either refer to your promissory notes or contact your student loan servicer or financial aid office. The description of each loan type is intended to give you a brief summary of the terms and conditions of each loan to help you better understand your loan portfolio. Mandatory forbearance is available throughout residency period, renewable annually.
Economic hardship is available for a three year limit, renewable annually.
No interest accumulates during full-time student status, grace and deferment. Mandatory forbearance is available throughout residency period, renewable annually. Economic hardship is available for a three year limit, renewable annually. 10 year repayment period Interest accumulates from the time the money is disbursed, throughout student status, grace and deferment periods. This is a need-based, subsidized loan .