Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Repaying Student Loans and other Student Loan topics.
Chase Tip: Be sure you are aware of which loan you have because not all loans give students a grace period. This means you might be required to pay back the student loan interest soon after receiving a loan. Other student loan options like the PLUS Loan do not have a grace period. The student loan interest charged on this loan begins as soon as the money is disbursed. In addition, repayment begins within 60-days of the full loan disbursement.
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Jennifer Mathes, Ph.D. |