Question

I finished undergrad and I'm about the enter grad school. It's gonna be tough on my bank account, and I owe on previous student loans already. Is there a way to hold my undergrad loans for awhile during school?

Answer

There is a solution to every financial issue.  Yes, there are ways to delay your undergraduate loan repayments.  This can be done with a loan deferment, which is quite often employed to help graduate students.  While your loans are in deferment, you don't have to pay on them and often the government will take care of the interest.  It's a bit like the grace period you learned about when you signed up for your student loans, but this solution is meant to be more long-term.

Categories: Financial Aid | Student Loans
Tags: graduate school loan deferment student loan repayment student loans

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