USNA 3/C Professional Competency Assessment (PCA) Practice Test 2026 – Complete All-in-One Guide for Exam Success!

Interest on the career starter loan begins to accrue as soon as the loan is disbursed. This means that from the moment the funds are made available to you, the interest starts to accumulate. This is an important aspect to understand, as it affects the overall amount you will owe when repayment begins. It is essential to be aware of this timing to plan and manage your finances effectively.

Options emphasizing grace periods or specific conditions related to military service do not apply to the career starter loan, which differentiates it from some other types of loans that may have such provisions. Understanding when interest accrues can help midshipmen make informed financial decisions regarding their loans and repayment strategies.