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... away.  Instead, you would be provided with a six-month grace period.  Then, if necessary, your unpaid loan balances could be consolidated into a single loan during that period.  With t...

2. Using a Student Loan Checklist
(Articles/Articles)
...ce, after your college graduation, you will have a six-month grace period for starting the payback of any unpaid student loans.  This might be a single loan or it could be working to pay off a co...

3. What is the Interest Rate?
(Articles/Articles)
...ate in this category?  This is a type of interest calculated on the principal of the loan only or on unpaid principal.  The formula in this case involves the period interest rate, initial ba...

...ned using a very simple formula.  For this, the lender would look at the interest rates paid on your unpaid loans and then determine the average, rounding the number up to the nearest 1/8 of perc...

...dation loan in general.  This particular type of loan takes all of a student’s outstanding and unpaid student loans and lumps them into one loan.  The benefits are that a new repayment...

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