Do I have to make payments while I am in school?

Yes, you’ll be paying either a minimum fixed payment or an interest only payment each month while you are in school.  Loan interest will begin to accrue as soon as you are in school. However, you can always make extra payments if you wish before the repayment period starts post-graduation.  Those payments will reduce your loan balance. We report your in-school payments to credit bureaus.  On time payments should help to improve your credit score.

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