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 the interest during deferment to 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 enrollment. Less than full-time enrollment may not defer full-time or on-time loans awarded after July 1, 2015.
Appears in 3 contracts
Samples: Cosigner Agreement, Cosigner Agreement, 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 the interest during deferment to 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 enrollment. Less Enrolling for less than full-time enrollment may not defer result in any ASEL loans for full-time or on-time loans enrollment, awarded after July 1, 2015.2015 no longer qualifying for student deferment. Section Two: General Information
Appears in 1 contract
Samples: acpe.alaska.gov
