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Endowed Loans Summary

Endowed loans are offered infrequently and in special circumstances as part of financial aid packages for undergraduate, graduate and professional students.

The chart below provides a partial list of the terms and conditions for the Endowed Loan:
  • General Information
  • Interest Rates
  • Repayment Information
Since these details vary by origination date and exact loan type, borrowers should refer to their promissory note for the actual terms and conditions for their loans.
Interest Rate Information
Rate type Varies by type of Endowed Loan. Refer to your promissory note.
Recent rates Varies; refer to your promissory note.
See the Interest Rate Change page for more information on 7/1 and 9/1 rate increases.
Accrual In school: Yes
In grace period: Yes
In forbearance: Yes
Capitalization: Varies