Saturday, 12 September 2009

During My Student Loan Consolidation Grace Period I Received Repayment Instructions...

During my student loan consolidation grace period, I received repayment instructions, and the due date for my first payment, which is then due monthly.

When you graduate or leave school in any capacity, be sure to find out exactly how long your grace period is.

The Federal Stafford Loan has a six month grace period, but the Federal Perkins’ Loan has a nine month one.

You can find out your grace period by checking your loan’s promissory note for the specifics on what you agreed upon.

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