Common use of Deferment of Repayment Clause in Contracts

Deferment of Repayment. This loan includes deferment options during qualifying periods. Interest continues to accrue during deferments. You should consider carefully costs and benefits associated with deferments. You may elect to pay interest during deferment and reduce the overall costs of borrowing. Defaulting on your loan will result in forfeiture of any deferment rights. Prior loans from ACPE will be placed into student deferment, if eligible, based on notification of qualifying full-time enrollment.

Appears in 2 contracts

Samples: Cosigner Agreement, acpe.alaska.gov

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Deferment of Repayment. This loan includes deferment options during qualifying periods. Interest continues to accrue during deferments. You deferments so you should consider carefully costs and benefits associated with deferments. You may elect to pay interest during deferment and reduce the overall costs of borrowing. Defaulting on your loan will result in forfeiture of any deferment rights. Prior Any non- defaulted prior loans from ACPE will be placed into student deferment, if eligible, deferment status based on notification of qualifying full-time enrollment. Default will result in forfeiture of any deferment rights.

Appears in 2 contracts

Samples: acpe.alaska.gov, acpe.alaska.gov

Deferment of Repayment. This loan includes deferment options during qualifying periods. Interest continues to accrue during deferments. You deferments so you should consider carefully costs and benefits associated with deferments. You may elect to pay interest during deferment and reduce the overall costs of borrowing. Defaulting Any non- defaulted prior loans from ACPE will be placed into student deferment status based on your loan notification of qualifying enrollment. Default will result in forfeiture of any deferment rights. Prior loans from ACPE will be placed into student deferment, if eligible, based on notification of qualifying full-time enrollment.

Appears in 1 contract

Samples: acpe.alaska.gov

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Deferment of Repayment. This loan includes deferment options during qualifying periods. Interest continues to accrue during deferments. You deferments so you should consider carefully costs and benefits associated with deferments. You may elect to pay interest during deferment and reduce the overall costs of borrowing. Defaulting Any non- defaulted prior loans from ACPE will be placed into student deferment status based on your loan notification of qualifying enrollment. Default will result in forfeiture of any deferment rights. Prior loans from ACPE will be placed into student deferment, if eligible, based on notification of qualifying full-time enrollment.Section Two: General Information

Appears in 1 contract

Samples: acpe.alaska.gov

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