When do my parents start repaying the loan?

Generally, the first payment is due within 60 days after the loan is fully disbursed. There is no grace period for these loans. Interest begins to build up

at the date the first disbursement is made. Your parents must start repaying both principal and interest while you’re in school.

Orginal post by David

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netvouz
  • DZone
  • ThisNext
  • MisterWong
  • Wists
Related Articles
  • When do my parents start repaying the loan?
  • Congress looks into reverse mortgages as abuses start to appear
  • What whether I have trouble repaying the Stafford Loan?
  • How do my parents get a loan?
  • How my parents do get a loan?
  • No comments yet. Be the first.

    Leave a reply