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Variable Rate Repayment Option Availability
9/7/2016 | General
Effective September 16, 2016 the Variable Rate repayment option will no longer be offered for NJCLASS loans. Any application that has been pre-approved and pending school certification, loan offer or disbursement will be processed. All other applications that remain in an incomplete status will be made inactive. NJCLASS does offer a fixed rate 10-year loan repayment option; please check our website for current interest rates and fees.