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If I join AKU during the grace period following graduation (when no instalment is due) how will I get remission?

April 26, 2017aku grace Graduation instalment join period REMISSION

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If I join AKU during the grace period following graduation (when no instalment is due) how will I get remission?

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Since no loan repayment instalment would have been due during the grace period, the 50 per cent remission will be adjusted from you first annual loan repayment instalment; for the second year of service the remission will be adjusted in the second annual repayment instalment, and so on.