EdFed astonished me with their array of repayment options. There were several different plans and also a variety of options for any obstacles that I might encounter. I was utterly satisfied with the selection. - Carlos L. Hartford, CT
Our Select 5/Graduated Payments repayment option allows for interest-only payments for the first 2 years of repayment. In the third through fifth years, payments increase to include a portion of principal. In the sixth year, payments increase to level installments of principal and interest payments for the remaining term of the loan.