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Lesser-Known Facts About Student Loan Grace Periods

Lesser-Known Facts About Student Loan Grace Periods

A federal loan has a grace period, but this differs between the type of loan and the terms of the loan.

During the grace period, payments aren’t due, but there are student loans that will incur interest during this time and in turn will increase the total amount that is owed.

Here is a look at things you may not know about a student loan grace period.

The Government Is Looking Out For You

Many federal loans will have a grace p – Read more

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