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Hello,
I'm currently a senior at a small private libarts school in boston. I plan on continuing my education (specifically grad school), however I'm looking to take anywhere from a semester to a year off in between. I understand that there is generally about a 6 month grace period after graduation (in may) before I have to start payments. My mother is convinced that if I take any time off in between grad school and ug that I'll enter into repayment and will have to pay off my ug loans as a full-time grad student. My question is, will I be able to defer payments again once I'm enrolled as a full-time grad student? I have stafford, perkins, and private loans, through chase.
Thanks in advance.
I'm currently a senior at a small private libarts school in boston. I plan on continuing my education (specifically grad school), however I'm looking to take anywhere from a semester to a year off in between. I understand that there is generally about a 6 month grace period after graduation (in may) before I have to start payments. My mother is convinced that if I take any time off in between grad school and ug that I'll enter into repayment and will have to pay off my ug loans as a full-time grad student. My question is, will I be able to defer payments again once I'm enrolled as a full-time grad student? I have stafford, perkins, and private loans, through chase.
Thanks in advance.