Based on Prime Rate. Based on Prime Rate. Government pays the interest while student is in school and during grace period. Interest accrues from time of disbursement. Students can defer interest payments until after graduation or dropping below half-time.
Interest accrues from time of disbursement.
Interest accrues and may be deferred. Interest accrues and may be deferred. Interest accrues and may be deferred. Six months after graduation, withdrawal from school, dropping below half-time or failure to make academic progress. First payment due within 60 days after full disbursement.