Could you possibly give me some tips and pointers on developing a plan that would put me on track for student loan repayment in full and on time?
Before your repayment begins, develop a plan that puts you on track.
================
Is there any way to get an interest rate deduction on a Direct Loan?
If you schedule an automatic monthly electronic debit of your loan payment from your bank account, you may receive a 0.25% interest rate deduction on your Direct Loan.
================
Can you give me some more information about the types of repayment plans available?
Actually, besides for paying off your loan, there is also a possibility of having your student loan forgiven as well.
================
Is there a grace period after graduation?
After you leave school or drop below half-time enrollment, you have a six-month grace period sometimes nine months for Perkins Loans before you must begin making payments.
================
Would that be when I would have to begin making payments?
Once you graduate, drop below half-time enrollment, or leave school, your federal student loan goes into repayment.
Is your loan a Direct Subsidized, Direct Unsubsidized, or Federal Family Education Loan?
Yes, it is.
In that case, you have a six-month grace period before you are required to start making regular payments.
