The Notre Dame Subsidized Loan is a need-based loan made because of the University.

The Notre Dame Subsidized Loan is a need-based loan made because of the University.

Notre Dame Subsidized Loan

This loan system requires that the pupil borrower repay with interest this supply of economic help. It will be included in your Financial Aid Notification if you qualify for this loan. Additional stipulations are referenced within the master note that is promissory additionally include the annotated following:

  • Zero interest although the pupil is enrolled during the University of Notre Dame on at the least half-time foundation as an undergraduate student and throughout the six-month elegance duration enrollment that is following
  • No origination insurance or charge fee
  • 5% fixed price interest throughout the payment
  • Repayment of principal and interest starts half a year following the student stops become enrolled during the University of Notre Dame on at the least half-time foundation being an undergraduate pupil, generally speaking expanding over a period that is 10-year
  • $4,000 is normal annually restriction

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