<p>For those of you who have taken out PLUS loans: Assuming that Fall tuition payment is due August 1 and Spring tuition payment is due December 1, when would the first monthly payment be due on a PLUS loan? I have heard that repayment begins immediately (as opposed to a Stafford loan) but is it after the first semester disbursement (i.e., maybe September 1) or the second semester disbursement (i.e., January 1)? Trying to estimate cash flow for next year! Thanks!</p>
<p>I also would love to know this answer!</p>
<p>Anyone?</p>
<p>Immediately after the second semester disbursement when the entire loan amount has been disbursed. Look for the first payment to hit in February.</p>
<p>I think my first payment was due in March. I could be mistaken, though -- and it could also have depended somewhat on the timing of the 2nd semester disbursement. The second semester at my son's college didn't start until very late in January.</p>
<p>Ours always comes due in Feb. BTW, we have it set up to get notices on-line, and we pay on-line. Very easy to check. 2 kids in college, 5 loans, so far. And we're out of the country, so the web is very nice.</p>
<p>(I can lurk on CC, for one thing.)</p>
<p>Thanks for the info guys.</p>