Saturday, September 12, 2009

Income-Sensitive (Federal Family Education Loan) Repayment Schedule

An adjusted payment amount based on gross
income

Payment cannot be lower than your monthly
interest amount

Eligibility and payment amount verified annually

Up to a 15-year repayment period

More interest will accrue over the life of the loan
because the principal balance decreases at a slower
rate.

No comments:

Post a Comment