Six months after the last installment has been allocated, or, if before, after the study program has been completed, the recipient will be given one year during which neither capital nor interest will be required to be paid.
In the event withdrawal or transfer to another University, the grace period shall run from the date on which the granting Bank has been informed of such circumstances.
Before the end of the bridge period, students must go to the branch where the loan was opened and determine the amortization schedule for paying back the loan. The amounts used will accrue interest which will be debited to the current account and capitalized annually. The payback schedule may not exceed 180 months and will take place through monthly installments with a fixed amount, including capital and interest. Students will have the option of paying off the debt in advance, all or in part, without any additional cost.