Student Loan Trust Fund Mode Of Repayment

Student Loan Trust Fund Mode Of Repayment

The modes of repayment of loans are as follows:

1. Periodic deductions from beneficiary’s salary by his or her employer.

2. Direct periodic payments to the SLTF by beneficiaries who are not employees of any organization (i.e. sole proprietorship, self employed etc)

3. Outright payment of total loan amount plus interest due.