I recently left college (again). We have a few months to cover.
- Are you currently certain? If you’ve ever been away from college (or below half-time status) for 6 months into the past, you’ve most likely utilized the grace duration up and you might be entering payment earlier than you thought. As soon as your loans initially enter payment, they shall not have another grace duration, even although you return to college. In reality, these older loans start in repayment straight away as soon as you leave classes or fall below half-time pupil status.
I’ll be in school quickly, thus I don’t need to pay.
- In-school deferment can simply be applied as soon as you start classes and keep maintaining half-time status or greater.