Notre Dame Subsidized Loan
This loan system requires that the learning student debtor repay with interest this way to obtain monetary help. If you be eligible for this loan, it will likely be a part of your Financial Aid Notification. Extra conditions and terms are referenced into the master promissory note but additionally include the immediate following:
- Zero interest although the pupil is enrolled in the University of Notre Dame on at the very least half-time foundation being an undergraduate pupil and through the six-month elegance period enrollment that is following
- No origination cost or insurance coverage fee
- 5% fixed price interest through the payment
- Repayment of principal and interest starts 6 months following the student stops become enrolled in the University of Notre Dame on at the least half-time foundation as an undergraduate pupil, generally speaking expanding more than a period that is 10-year
- $4,000 is normal yearly limitation
Notre Dame Subsidized Loan borrowers will get a message for their Notre Dame preferred e-mail account, beginning in mid-June, from SignMyLoan@signmyloan.com to perform the yearly loan procedure. The loan procedure shall require conclusion of Self-Certification and Disclosure types, along with a Master Promissory Note, all of which be managed electronically through SignMyLoan.com. [Read more...]