The first step to strategizing how to pay your student loans is understanding when your repayment period begins. Federal student loan repayment begins, for most federal student loans, after the borrower leaves college or drops below half-time enrollment (less than six credits). For PLUS loans repayment begins once the loan is fully disbursed. Before repayment begins, the loan servicer or […]

Deferments and forbearances allow federal student loan borrowers to temporarily stop making student loan payments or to temporarily reduce the amount of federal student loan payments. Deferments and forbearances may sometimes be advantageous and help the borrower avoid default. The Difference Between Deferment and Forbearance The only material difference between a deferment and a forbearance is that with some deferments, […]