How much will I pay monthly while I am in school?

Here’s a payment sample if you qualify for discounts: For a loan amount of $10,000 at an interest rate of 11.99% (11.60% APR¹), your monthly interest-only payment is $100.54 for the first 6 months and $96.16 for the next 8 months. You are required to make this interest-only payment during your in-school period as well as the 6-month period post-graduation. After the 6-month period ends, you are required to make interest and principal payments of $141.62 for the next 120 months.