Eastmill also offers an In-House Education Loan. This loan is a revolving line of credit with a borrowing limit of $15,000.00. A parent must be the primary borrower. The maximum term is 60 months. Once the student pays down the balance of the loan, more money (up to $15,000.00) can be borrowed again. This is NOT A DEFERRED LOAN. Payments will begin 30 days from the day of the loan. All check disbursements from the loan are made payable to the student's school.