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Office of Financial Aid
University of Mississippi

Sample Loan Repayment Disclosure Information

 

 

 

 

Principal  Interest Rate Standard Repayment Term Interest End Balance
Direct Subsidized Loan (Undergraduate) $5,500 6.39% 120 months ($62/month) $1,957 $7,457
Direct Unsubsidized Loan (Undergraduate) $5,500 6.8% 120 months ($63.29/month) $2,095.52 $7,595.52
Direct PLUS $10,000 7.9% 120 months ($120.80/month) $4,495.97 $14,495.97
Direct Unsubsidized Loan (Graduate Professional) $12,000 6.8% 120 months ($138.10/month) $4,571.38 $16,571.38
Direct Grad PLUS Loan $10,000 7.9% 120 months ($120.80/month) $4,495.97 $14,495.97
Health Profession Student Loan $2,000

$8,000

5.0%

5.0%

57 months ($40/month)

120 months ($84.85/month)

$247.38

$2,182.38

$2,247.38

$10,182.38

JR Johnson Loan $2,000

$8,000

4.0%

4.0%

55 months ($40/month)

120 months ($81/month)

$429.86

$1,719.43

$2,429.86

$9,719.43

McKinstry Loan $2,000

$4,000

5.0%

5.0%

57 months ($40/month)

120 months ($42/month)

$247.38

$1,091

$2,247.38

$5,091

Scribner Loan $2,000

$8,000

1.0%

1.0%

52 months ($40/month)

120 months ($70.08/month)

$102.50

$410.02

$2,102.50

$8,410.02