Do undergrad loans have to be paid back immediately?

[desi0chick]

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I recently heard that if you take loans for your undergrad (college) years you don't have to re-pay them back after you complete medical school (in other words you must be enrolled in school within 6 months of graduation) Is this true? Sounds too good to be true to me. 😕

 

[TMP-SMX]

Federal loans from undergrad are also deferred during medical school. Private loans, it is dependent on the loan terms.

 

[rbnsafsadgf]

(in other words you must be enrolled in school within 6 months of graduation)

You can put Federal loans back into deferment after a long out of school time too. (you just often loss your grace period though.) You will have to make payments after your grace period though until you start classes again if you take longer than 6 months off from school.