<p>Earlier this year, I was accepted to Brown's Program in Liberal Medical Education (PLME), which means that I will be attending Brown, the College, from 2012-2016, and the Warren Alpert Medical School from 2016-2020. I applied for, and have received, several student loans to help me alleviate some of the financial burden of tuition and the like.</p>
<p>I'm just wishing to confirm something: I will have to start paying off my debts after I graduate from the college, and not the medical school, right? In other words, can I just confirm that the interest that results from the loans I will be taking during college will start kicking in right after I graduate from college? I'd like to know the implications to both my subsidized and unsubsidized loans.</p>
<p>Thank you. I know it's sort of an obvious question, but I'm just confirming.</p>
<p>Usually payment of your loans can continue to be deferred while you are in medical school. The interest on the unsub federal loans will accumulate all through undergrad and will continue to accumulate while you are in medical school, causing the size of the debt to grow enormously. </p>
<p>The interest on subsidized federal loans is paid by the govt. while you are in undergrad. In the past the interest would continue to be subsidized while in grad school or professional school. From this year, grad and medical students are not eligible for subsidized loans and the 6 month grace period (after graduation) for interest on subsidized loans has been discontinued. But i am not sure if the loans from undergrad will continue to be subsidized during medical/grad school.</p>
<p>So it looks like the PLME is just an 8 year program where you go directly from undergrad to med school. So it’s just like swimcatsmom said: while you are in school (any school) at least half-time, you can defer the payment of your loans. You won’t have to start repaying until you graduate from the medical school.</p>
<p>Usually, if you have subsidized loans they continue to be subsidized during any in-school deferment periods, so they should still be subsidized during the medical school portion. But the law has changed recently, so I’d ask your financial aid officer to be sure.</p>