Saturday, September 12, 2009

Grad Plus Loans

Grad PLUS Loans
Grad PLUS Loans entered repayment on the date they
were fully disbursed; however, as long as you were
enrolled at least half-time, you qualified for an in-
school deferment.

You are eligible for a six-month grace period which
begins the day after you drop below half-time
enrollment before your Grad PLUS loan enters
repayment again. If not, your first payment will be due
within 60 days after leaving school or dropping to a
less than half-time status.

Your loan holder will advise you of your first payment
due date shortly after you leave school or drop below half time.

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