Lincoln University of Missouri

http://www.lincolnu.edu

 

Repayment Options

 

Deferment

 

The postponement of payments, for which you may qualify under certain circumstances.

Forbearance

 

A period of time during which the lender may reduce of suspend your regular payments.

Standard Repayment Plan

The monthly payments remain the same until the loan is repaid in full.

Graduate Repayment Plan

Payment begins with low payments that gradually increase over time.

Income-Sensitive Repayment

Payments are based on your income.

Extended Repayment Plan

Payments are based on standard or graduated repayment plan which cannot exceed 25 years.

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