Student Loan Grace Period

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					What Happened
to the Student
Loan Grace
Period?
PayMyStudentLoans.com
                           PayMyStudentLoans.com




What is the grace period?
 Sixmonth period after graduation a
  student is not responsible for the interest
  on a loan
               PayMyStudentLoans.com


What Loans Have a Grace
Period?
 Perkins
 Stafford
                              PayMyStudentLoans.com




What Changed
 As   of July 1st 2012 Congress Voted to..
    Have no more grace period
    If you are a graduate student interest will
     begin incurring on your loans while still in
     school
                           PayMyStudentLoans.com




What is your best alternative?
 Forbearance
    Allows you to stop making payments for a
     period of time

				
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posted:9/24/2012
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