I am confused about my "quarterly interest statement" that I received on my Unsubsidized Stafford Loan...? - statement of interest about hospitality admission
I received a quarterly statement of interest at a rate of $ 28.50 by mail. I had the impression that the students do not pay their loans until six months after their graduation. I also thought that interest rates began their loans after graduation from university. Was he wrong?
In the letter, "during the deferment or forbearance, and before entering the repayment of their loans, interest rates are optional. But we will not benefit from interest paid. The return on all loans no patience for the period of deferment of a loan. We recommend To make you, the interest payments during this period to reduce the total amount payable over the term of the loan. You can cancel a record abstention or postponement of payments at any time again. "
BTW: I understand that you do not pay interest on this now. But I do not understand why he has accumulated at this time, because I'm still in school.
Thursday, January 28, 2010
Statement Of Interest About Hospitality Admission I Am Confused About My "quarterly Interest Statement" That I Received On My Unsubsidized Stafford Loan...?
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3 comments:
Sunsidized loans are those that no interest while in school or have deferred. Unsibsidized loan interest from the date they are removed until they are paid in full. The chances are good that you have taken on the type of loan because they do not receive subsidies.
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it accumulates because it is subsidized. Interest deferred loans to individuals that meet the definition, and revealed to you when you registered, you can not read the fine print or ask questions. if one is not careful now be added to the principal. In the future you will be paying more interest on the interest 28,50. If you can afford.
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