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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. 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 |
|
|
