Question Undergrad Loans and Grad School

mamag2855
Sat, 06 Apr 2019 13:43:15 +0000

I think your son could put loans in deferment, but you are still free to make payments as you are able. I believe the accrued interest must be paid first, then payments may be directed to principle. Or you help out by paying the interest and he could tackle the rest when he is done with grad school. You should also be able to direct payments towards loans with highest interest rates, too. Not certain of details, but you should be able to get more info from lender.