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Student
Loan Billing and Payment Office
Loans for Disadvantaged
Students
Annual Percentage Rate:
5%
Initial Grace Period:
12 months
Post Deferment Grace Period: none
Repayment Period: 120 months
Deferment types (please refer to your promissory
note for detailed information):
a) Active duty in the uniformed services (maximum deferment
is 3 years)
b) Peace Corp Volunteer (maximum deferment is 3 years)
c) Full-time study at a health profession school eligible
for participation in the Loans for Disadvantaged Students
program
d) Medical internship or residency programs
e) Separated from Yale University with the intent of returning
to Yale University as a full-time student (maximum deferment
is 2 years)
f) Fellowship training program which is directly related to
the health profession for which the student prepared at Yale
University and began service in within 12 months after the
completion of advanced professional training (maximum deferment
is 2 years)
If you do not qualify for a deferment, you can apply
for forbearance.
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