Notre Dame Subsidized Loan
This loan program requires that the learning pupil debtor repay with interest this way to obtain economic help. In the event that you be eligible for a this loan, it’ll be a part of your Financial help Notification. Extra conditions and terms are referenced within the master promissory note but additionally include the immediate following:
- Zero interest even though the student is enrolled during the University of Notre Dame on at the very least half-time foundation being an undergraduate pupil and through the six-month elegance duration enrollment that is following
- No origination cost or insurance coverage fee
- 5% fixed rate interest through the payment
- Repayment of principal and interest starts 6 months following the student stops become enrolled during the University of Notre Dame on at the least half-time foundation as an undergraduate pupil, generally expanding over a 10-year duration
- $4,000 is normal annually restriction