<p>I've been reading quite a bit about the different types of loans..still a bit confused though.</p>
<p>I will be attending university in the Fall, and have been offered a Federal Perkins Loan (around $1,400 per semester).</p>
<p>Now, based on my understanding, if I accept the loan, the repayment period begins 9 months after I graduate. Say I repay the loan entirely before that time (9 months)..will there still be interest?</p>