July 30th 2010 10:07 pm
Can you defer payments on private education loans until after college or until after graduate school?
How does one afford grad school if one’s private undergrad loans become due 6 mo after you graduate?
Huh? You can’t go to grad school and start paying off college loans. Do people’s grad school loans cover their undergraduate repayment fees?
If you don’t know the answer to the qt, then don’t answer it (just to get the point).
Top Related Sites
- I have $ 6,000 in variable rate loans for students (22% @ 7). Should I pay or to save a deposit? | Student loans Manual | How to get the best student loans.
- SWT/Qt as alpha download « compeople developer blog
- Car Title Loans in College Park | Ends
Mail this post
Tags: college loans, grad school loans, qt
3 Comments »
Sallie Mae on 30 Jul 2010 at 10:08 pm #
Private loan terms vary from lender to lender, there is no one set "rule". Some allow deferment, others may not. Best idea is to review your loan paperwork and/or contact your private loan lender,
FinAidGuy on 30 Jul 2010 at 10:08 pm #
You can defer payments, but once you hit the 6 month mark, you must start paying. You afford grad school because after you graduate, you get a job and start paying it back.
Wayner on 30 Jul 2010 at 10:08 pm #
Most loans that have the ability to be deferred, can be deferred if you go the grad school…you are still going to school.