What do i do with student loans once i graduate?
I am graduating in a month and need to know when i have to start paying my student loans? I heard that i am supposed to consolidate my loans into one loan.. Is this true? Has anyone ever done this?
Asked By: setzer_katie - 11/22/2006
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Answered By: Student Loans - 11/22/2006
Additional Answers (2)
If you are yet to consolidate you'll have a 1 year grace period before you have to start paying on them. You are supposed to consolidate your loans to lock in an interest rate. Pick a bank and you can usually apply online to consolidate. Banks will offer discounts for things like ontime payments or setting up automatic... More
Answered By: tk_9702 - 11/22/2006
Once you graduate or drop below 6 units, you get a grace period before you must start making payments on your student loan. This grace period is 6 months long. Once the grace period expires, your first loan payment will be due within 30 days... More
Answered By: superstar_81882 - 11/22/2006
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