The Notre Dame Subsidized Loan is a loan that is need-based by the University.

The Notre Dame Subsidized Loan is a loan that is need-based by the University.

Notre Dame Subsidized Loan

This loan system requires that the pupil debtor repay with interest this way to obtain monetary help. It will be included in your Financial Aid Notification if you qualify for this loan. Extra conditions and terms are referenced within the master promissory note but additionally include the annotated following:

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

Notre Dame Subsidized Loan borrowers will get a contact with their Notre Dame preferred e-mail account, beginning in mid-June, from SignMyLoan@signmyloan.com to perform the loan process that is annual. The loan procedure will need conclusion of Self-Certification and Disclosure types, along with a Master Promissory Note, tending to be managed electronically through SignMyLoan.com. Continuer la lecture de « The Notre Dame Subsidized Loan is a loan that is need-based by the University. »