How students can pay?
Date: Tue, 12/28/2010 - 00:02
When some student get a loan, how they can pay that loan. I mean, what are the methods they have to pay?
Are you talking about a student loan? And what do you mean by m
Are you talking about a student loan? And what do you mean by methods?
Student loans are deferred while the borrower is in school. Once they graduate, they have a 6 month grace period before the loan goes into repayment. If the borrower still has not found a job, at least with federal loans, they can apply for more deferment time.
Quote:Are you talking about a student loan? And what do you mea
Quote:
Are you talking about a student loan? And what do you mean by methods? |
He should be contacting his lender. If these are federal loans,
He should be contacting his lender. If these are federal loans, there are provisions for unemployment deferments. If they are private loans, he might be out of luck depending on the lender.