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If you are attending school at least half time, you typically have six
months (nine months for Perkins and Federal loans) after you graduate,
leave school, or drop below half time status before you begin
repayment at Emory. This period of time is called the grace period. At
the end of your grace period, you must begin repaying your loan. Most
loans administered by Emory allow up to ten years to repay. (Eagle
Loan allows twelve years). Your monthly payment amount will depend on
the size of your debt, the interest rate and the length of your
repayment period.
Example: @5%
| Loan Amount |
No. of Payments |
Monthly amount |
Total Interest |
Total Repaid |
|
$5000 |
120 |
$53.03 |
$1364 |
$6364 |
|
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