Check is payable to student and school, mailed directly to Berklee. Check is payable to Berklee. Repayment and Deferment Options Payment begins 30 days after disbursement of funds. There are no deferment options. Deferred payment of principal and interest until leaving school.
Payment begins following six month grace period after leaving college.
Interest is capitalized once at the beginning of repayment. There are two payment options, level and graduated. Payment begins following six month grace period after leaving college. Interest accrues from date of disbursement, and may be paid during the grace period. Repayment begins within 45 days of disbursement.