Unsubsidized Student Borrower Loans: Repayment while in school

twoinanddone
Mon, 30 Apr 2018 16:22:42 +0000

The questions are: is there a change in status if you pay only interest? Is there a change in status if you pay against principle? Said another way, do the loans go in to official repayment status and require monthlty payments once you have started paying against them (P or I), or does repayment status not start regardless until X months after you stop being enrolled as a full time student?

Change in status? No
Do the loans change to official repayment status? No
Require monthly payments once you start? No

@coolguy40 The financial aid office knows nothing about credit reporting or credit scores. The FA office doesn’t service loans and doesn’t take payments.