<p>My son will be graduating undergrad May 2013. He's starting to express an interest in graduate school for a Masters in Fine Arts - isn't sure yet where. He asked last night about how payment for his student loans would work. If he put off the graduate degree for one year and had to start paying on the loans 6 months after undergrad, will his undergrad student loans become 'dormant' once he starts full-time graduate school (along with the graduate school loans.)</p>
<p>He's taken the maximum Stafford sub/unsub loans for the past few years and would probably take out some type of government loan again. Does that make sense to anyone? I just don't know the answer and haven't been able to find anything after a few hours of searching last night.</p>
<p>Thanks for any help/ideas of where to look.
TZ</p>
<p>Our son’s undergrad Staffords went into repayment…since he took 9 semesters to complete his requirements and graduated in Dec. Loans went into repayment in July and he started graduate school in Sept.
It did take him several emails/calls but he was able to get his loans into deferment for the two years of his masters program. They were subsidized so accrued no interest.
He is now (thankfully) employed and paying them again.</p>
<p>My daughter just finished doing her exit counseling as she graduates today. She is maybe going to grad school in the spring (she is back and forth right now). Her loans will go into repayment in November, but she can out them back into deferment if she starts grad school in January.</p>
<p>Thanks! That will put both our minds at ease (I was afraid I’d need to pay my loans for him + his Stafford loans at the same time - ick.) Fingers crossed the interest rate doesn’t go up.</p>
<p>I appreciate the help</p>
<p>The interest rate for the loans he currently holds won’t change. </p>
<p>The scheduled rate increase is for new undergrad subsidized loans disbursed after July 1, 2012. Grad students are no longer eligible for subsidized loans . The unsub rate is 6.8%, as it has been for some years.</p>