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Loan Repayment

Borrowed loans require repayment once you complete your education. Carefully consider your anticipated future annual income before making borrowing decisions. You can use the Loan Payment Calculator to estimate monthly payments. Our goal is for you to only borrow what you need to be successful.

Borrower right and responsibilities are disclosed through completion of the federally required Entrance Loan Counseling (before loan funding is disbursed) and Exit Loan Counseling (when enrollment falls below half time).

Federal Loans

Loan Type
Repayment
Subsidized Loan Begins six months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
Unsubsidized Loan Begins six months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
Parent PLUS Loan Repayment begins 30 days after loan disbursement. Borrowers can request a deferment with their loan servicer to postpone payments.
Graduate PLUS Loan Begins six months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).

Information about loan limits, loan fees, and repayment plans can be found on the Federal Student Aid Website.

UNC Institutional Loans

Loan Type
Repayment
UNC Loan Begins six months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
Institutional/Long Term University Loans Begins nine months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
Health Professions Loan and Loan for Disadvantaged Students (DDS and PharmD only) Begins twelve months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).

Institutional Loans are repaid to the UNC Loan Repayment Office. Additional information about repayment and interest rates can be found on the UNC Loan Repayment Office website.

Private Student Loans

Private student loans are non-federal; credit based student loans granted from a lender such as a bank, student loan company, or other private organization. Check directly with your private loan lender for repayment terms and conditions.