Repayment Options
Standard repayment: Principal and interest payments are due monthly throughout the repayment period.Graduated repayment: Payments are lower at the beginning of repayment and slowly increase at specific times and amounts over the life of your loan. May extend loan repayment term beyond the standard 10 years.
Income-sensitive repayment: Monthly payments are based on a percentage of your monthly income. May extend loan repayment period, up to 25 years.
Extended repayment: Lower monthly payments through an extended repayment period, up to 25 years.