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

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

Notre Dame Subsidized Loan

This loan system requires that the pupil debtor repay with interest this supply of economic help. It will be included in your Financial Aid Notification if you qualify for this loan. Extra conditions and terms are referenced when you look at the master note that is promissory additionally include the annotated following:

  • Zero interest even though the pupil is enrolled in the University of Notre Dame on at the least half-time foundation being an undergraduate pupil and throughout the six-month elegance duration enrollment that is following
  • No origination insurance or cost fee
  • 5% fixed price interest through the payment
  • Repayment of principal and interest starts 6 months following the student ceases become enrolled during the University of Notre Dame on at the very least half-time foundation being an undergraduate pupil, generally speaking expanding over a period that is 10-year
  • $4,000 is normal annually limitation

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