These options are available to all families, regardless of financial need. Inc. This option allows families to pay direct costs in 10 monthly installments from May to February. After the first year, the payments can be spread over a 12-month period. No interest is charged Family Loan Programs Several loan programs are available at below-market interest rates to families in all financial categories. The following loan programs will allow families to rely less on current income and assets and, instead, extend payments beyond the undergraduate years.
Interest does accrue from the time funds are disbursed.
Payments on principal amount can be deferred, but interest payments must be made. Repayment of the loan principal begins seven months after you leave Trinity and the repayment period is ten years. The student borrower is responsible for all interest that accrues on the loan. However, payment on interest and principal may be deferred while enrolled in college. The repayment period is 10 years and payments may be deferred if the borrower decides to attend graduate or professional school.