Medical, dental, osteopathic, etc.
Interest capitalizes at graduation and annually thereafter.
There is no origination fee per application. Generally, repayment begins three to four years after graduation depending on the length of residency training, or after nine months if the borrower's student status changes to less than half time prior to graduation. There is no penalty for pre-payment. Borrowers have a maximum of 20 years to repay. Deferment is automatic for the first 36 months.