Recent Posts

Topics


« Why dont they give students a break on paying back student loans? | Main | Can I put my student loans on a credit card and then declare bankruptcy? »

When do student loans begin accumulating interest?

By admin | January 31, 2009

Amy asked:


I’m going to be starting grad school in the next year and have no experience with the student loans I’ll probably end up taking out. I’ve searched for details via several student loan websites, and perhaps no one mentions it because it’s taken for granted that interest accumulates immediately, but are there any loans available that begin accruing their interest after the student graduates school? Or is this “pay six months after you graduate” just a phenomenon with when the required payments begin? If there are loans that do not accrue interest during school, do they have fines for early payment?

Thanks for your help answering (probably obvious) questions for a student-loan newbie!

Tommy

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Do I get tax credits for student loan interest while still in school and the loan is in deferment?
  • How can I lower the interest rate on my student loans?
  • Student Loan Consolidation Services
  • Student Loans?
  • Student Loans : How to Compare Unsubsidized vs. Subsidized Student Loans
  • How to get rid of student loans before they really start accumulating?
  • Consolidate Student Loan Debt: A Student Loan Debtor’s Perfect Solution

    • Topics: student loans |

    3 Responses to “When do student loans begin accumulating interest?”

    1. hillbilly Says:
      February 1st, 2009 at 3:40 pm

      Colleges usually have a “Student Affairs” type office and maybe could answer your questions. Good luck.

    2. ndnquah Says:
      February 4th, 2009 at 2:24 pm

      An accredited school went to left in 1990 for little over 3000 and it now is 18000 the school.

    3. recentgradtrish Says:
      February 4th, 2009 at 8:50 pm

      For financial aid go here are the fafsa this will help you are eligible for then you stay enrolled in school you dont need cosigner or scholarships these are some good credit for it for more info go here httpwwwfafsaedgov the.