The Notre Dame Subsidized Loan is really a loan that is need-based because of the University.

Notre Dame Subsidized Loan

This loan system requires that the learning pupil debtor repay with interest this supply of economic support. In the event that you be eligible for this loan, it’s going to be contained in your Financial help Notification. Extra conditions and terms are referenced when you look at the master promissory note but additionally include the annotated following:

  • Zero interest whilst the pupil is enrolled in the University of Notre Dame on at the very least half-time foundation as an undergraduate pupil and through the six-month elegance duration enrollment that is following
  • No origination insurance delaware online payday loan or cost fee
  • 5% fixed price interest throughout the payment
  • Repayment of principal and interest starts half a year following the student stops become enrolled in the University of Notre Dame on at the least half-time foundation as an undergraduate student, generally speaking expanding over a 10-year duration
  • $4,000 is normal annually limitation

Notre Dame Subsidized Loan borrowers will get a contact for their Notre Dame preferred e-mail account, beginning in mid-June, from to perform the annual loan procedure. The mortgage procedure will need conclusion of Self-Certification and Disclosure kinds, as well as a Master Promissory Note, tending to be managed electronically through Crucial price, cost, as well as other expense information on Notre Dame Subsidized Loans is located right right here.