You will always deal with just one lender. 4 repayment options for Subsidized and Unsubsidized Direct Loan. 3 repayment options for the PLUS Loan. Health Professional Student Loans Deferred repayment of Direct Loans based on special conditions. The federal government pays the interest on the loan until the repayment period begins and during authorized periods of deferment.
Interest is charged on the loan from the time the loan is disbursed until the loan is paid in full.
This interest can be deferred during enrollment. These are loans available to parents with good credit histories. Parents may borrow to pay the educational expenses of each child enrolled as a dependent undergraduate.