Unsubsidized Stafford

VickyDee
Tue, 15 Apr 2008 18:48:32 +0000

For Stafford Loans there is a 6 month grace period after graduation before repayment begins (or if at any time you cease to be enrolled at least half time).

copter is right that interest begins to accrue immediately & that you can pay it as you go or have it added to the principle balance.

Just wanted to add that for unsubsidized Stafford loans, the interest continues to accrue even during the 6 month grace period.