Hello,
I demonstrate financial need and was awarded with subsidized and perkins loans; I believe these are some of the best, please correct me if I’m wrong. I know that for these loans, my interest is paid until 6 months after I leave school. My question is, what if I go on to grad or med school, will my interest be paid during this time or will it begin to accrue once my undergraduate education is over?
Thank you!
If you move on to graduate school, the interest will continue to be paid for both of those loans. Yes, those are very favorable loans if you need them for your school expenses in comparison to other loans offered.
My daughter was offered Perkins and subsidized loans in undergrad which she declined. In retrospect now that she is in professional school (4 year program), she should have taken them. Hindsight is 20/20.