Some lenders will waive 1 percent of the fee. The remaining loan proceeds may be sent to Hopkins electronically or in a co-payable check. The replayment period begins on the day the loan is fully disbursed although interest accrues from the first disbursement. The first payment is due within 60 days after the loan is fully disbursed. The replayment period must be at least five but no more than 10 years.
Some lenders now offer deferment of principal payments during in-school periods.
Key Education Resources Key offers two private loans to help finance the cost of an education. No tax returns or minimum income levels are required. Interest will accrue and is capitalized once at repayment. Loan funds are sent each semester to Johns Hopkins. Forbearance is available for full-time graduate study.