Repayment Plans. While a student is enrolled at an ITT Technical Institute, repayment of principal and interest will be deferred until the circumstances described in the “Repayment Begins” section below occur. During the deferral period the borrower will be sent quarterly statements providing him or her the opportunity to make interest payments. During the deferral period, the borrower can also make principal payments at any time without penalty.
Appears in 4 contracts
Samples: Risk Sharing Agreement, Financing Program Agreement, Risk Sharing Agreement (Itt Educational Services Inc)