Forbearance possible for up to three years residency training. Interest is paid by the government during school. Once a loan is received, later loans are at the same rate. The loan is not need based. The maximum aggregate total includes and Stafford Loans for undergraduate study.
Interest begins to accure from the day the loan is disbursed.
Repayment begins 6 months after graduation. Forbearance is possible for up to three years of residency training. The loan is not need based. Same interest rate as the Federal Stafford Loan. Once a loan is received all later loans are at the same rate.