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Studen Loan Repayment Grace Period

By: Brian Kelly


After student borrowers graduate, leave school, or drop below half-time enrollment, loans that were made for that period of study have several months before payments are due. This period is called the "grace period."

During the grace period, no interest accrues on subsidized loans. Interest accrues on unsubsidized loans during grace periods, and this interest is capitalized when borrowers' loans enter repayment.



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Date Added: 2009-04-04 Views : 156

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