The arrangements for repayment of student loans for students can vary depending on its use, according to the agreement between the bank and universities and by the presence of the partnership of public bodies such as municipalities. The easiest way to repay student loans is that the repayment installments, typical of any loan. But this rate, we remember the student must repay at the end of their studies or input to work what include: principal, interest, principal and interest only?

From this legitimate question that each student and his family are set, born different ways to repay student loans obviously depends on the type of loan and credit policy applied by the bank, as well as the parameters in these particular funding agreed in agreements with government agencies and universities. The arrangements for repayment of a loan of honor can be of different types that the student, if the Bank so requires, may alternatively choose, according to those he considers most congenial to their own situation. The first mode of repayment of student loans is that of a grace period, which will reimburse, in a lump sum, only the portion of interest, without capital, gained during the period of use of the loan.


The second is that of ‘depreciation with installment payments, including capital plus interest, to be paid over a number of years, from 5 to 8, starting from the expiry of the grace period, or after the ‘use of the loan. The third mode of repayment of student loans is that of ‘early repayment before the end of the amortization period, the number of years agreed to refund in installments. If the student will have the chance, you can pay off the debt or pay in a lump sum or in several installments the amount due to the bank without paying any charge or fee. If in the provision of student loans there is a sharing of a public body, an agreement with a bank, such as the Municipality, the interest or the share capital may be reimbursed by the latter. To take advantage of this opportunity, the student must always demonstrate that they meet on the merits.