Possible Repayment Plans:

• Immediate
  Principal and interest payments begin as soon as the loan is disbursed.
  
  
• Interest-Only
  Interest payments begin as soon as the loan is disbursed and continue for up to 7 years, or 6 months after graduation/student leaves school, whichever comes first.
  
  
• Total Deferment
  No payments of principal or interest until 6 months after graduation.