MAKING SENSE OF YOUR
FINANCES

Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

R

Repayment Period

The period during which interest accrues on the loan and principal payments are required. For FFELP loans, the repayment period excludes any period of authorized deferment or forbearance; however, interest will continue to accrue during these periods for unsubsidized Stafford, SLS, and PLUS loans.

Requested Loan Amount

The amount indicated on the application by the borrower.

 


Repayment Period
Requested Loan Amount

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