Do college students pay student loans while in college or does it wait until they get out.?

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  • di
    Lv 4
    6 months ago

    Federal Direct SUBSIDIZED loans have one 6 month grace period, which begins after a student is no longer enrolled. Federal Direct UNSUBSIDIZED loans have the same 6 month grace period, but the student has the option to pay interest quarterly while in school, or to defer payment (and have the interest capitalized (added to the loan amount) while they are in school. Private loans all have their own repayment terms - read the promissory note(s) for any grace and repayment terms.

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  • Lili
    Lv 7
    7 months ago

    You normally begin repayments after you graduate.

    Should you enroll in a graduate program, you can defer your loans until after you complete the graduate degree by proving your enrollment to the loan servicer.

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  • nancy
    Lv 7
    7 months ago

    For federal student loans (i.e. FAFSA), it's your choice. You can choose to defer your payments until you graduate (or drop below half time). You can also choose to begin payments while you are in school, or to pay only the interest on you unsubsidized loans. For private student loans, it depends on the agreement that you make with the lender, but most reputable lenders do offer an option to defer until graduation.

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  • 7 months ago

    It’s usually 6 months after the student graduates that they have to start repaying. It’s deferred and doesn’t accumulate interest as long as he’s enrolled in college whether it’s undergrad or grad.

    If he drops out then he has to repay immediately.

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  • Anonymous
    7 months ago

    depends on the deal they (or parents) signed ...................................

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  • indeed
    Lv 5
    7 months ago

    Usually the loans are deferred until the student is out of college.

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