| Graduate Plus Loans | Alternative Loans |
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Repayment | 60 days after last disbursement (Can be deferred while in school) | 6 months after graduation |
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Consolidation | Yes | No |
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Interest Rate | 8.5% Fixed | Based on Prime Rate is variable No cap to interest rate |
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Cancellation | Death and Disability | Death and Disability |
| | |
Credit Based | Yes | Yes |
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