Funds electronically transferred to Berklee. Check is payable to student and school, mailed directly to Berklee. Check is payable to student and school, mailed directly to Berklee. Check is payable to Berklee. Repayment and Deferment Options Student has 6 month grace period which begins after leaving college.
Student starts payment on principal and interest at end of grace period.
Various repayment options are available. Student may choose to pay interest while enrolled or to capitalize the interest. Same as Federal Direct Unsubsidized Stafford Loan. Repayment begins 30-60 days after the loan is fully disbursed. Various repayment options are available.