• What about loan deferments or grace-periods?
   
• Answer:  Be very careful about loan deferments and grace periods. Before you consider taking advantage of one, be sure it is not designed to take advantage of you! Check to be sure no interest accrues during the deferment. However, if interest does accrue during the time that you are not under obligation to make your payments, this interest will be capitalized (that is, added to principal annually) and interest will be charged on the interest, adding significantly to the cost of your loan. You will have the principle of compound interest working against you.

Our Mission

"To develop funding to repay educational loans for healthcare workers as they minister among the underserved at home and abroad. "

Project MedSend is a not-for-profit organization and is an approved member of ECFA.


Approved Combined Federal Campaign Charity #12466 (MedSend)


Your Guide to Intelligent Giving