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Originally Posted by NoahPaul I'm trying to pay them off before I graduate. I had to take out about $50,000 to attend SCAD for a year and now since I went to a community college I didn't have to have any loans. I'm trying to pay them off so interest won't accumulate . |
I don't know about your state, I guess it's different than Ca but when I was in school, there was no interest until about 6-9 months after graduation, depending on the loan. That is if yours are indeed a school loan from the fed and not a bank loan. The only loan that was interest accrued during school was the PLUS loan which is a parent loan.
If its a student loan from the fed you can request deferments w no interest. But again like I said while you are I school, no interest is accrued. Even when there is interest, it's very very low compared to bank loans!