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Federal Nursing Student Loans

Annual Percentage Rate: 5%

Initial Grace Period: 9 months
Post Deferment Grace Period:
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 or half-time enrollment in a course of study at a collegiate school of nursing leading to a baccalaureate degree or graduate degree in nursing, or pursuing advanced professional training in nursing or training to be a nurse anesthetist (maximum deferment is 10 years)

If you do not qualify for a deferment, you can apply for forbearance.