Quick question about Stafford loans

  • Thread starter Thread starter Proggle
  • Start date Start date
  • Tags Tags
    Loans
Click For Summary
SUMMARY

Undergraduate Stafford loan holders do not need to make payments while enrolled full-time in a PhD program. While interest may accumulate during this period, payment is deferred until the graduate degree is obtained. Government subsidized loans, including Stafford loans, have provisions that require the government to cover interest payments during full-time enrollment in graduate programs. It is advisable to confirm this information with the undergraduate office of financial aid for specific circumstances.

PREREQUISITES
  • Understanding of Stafford loans and their terms
  • Knowledge of federal student loan policies
  • Familiarity with financial aid office procedures
  • Awareness of graduate program enrollment requirements
NEXT STEPS
  • Research the specific terms of Stafford loans for graduate students
  • Learn about federal student loan interest rates and deferment policies
  • Investigate the role of financial aid offices in loan management
  • Explore the implications of loan interest accumulation during graduate studies
USEFUL FOR

Undergraduate students considering graduate school, financial aid advisors, and anyone navigating student loan repayment options.

Proggle
Messages
82
Reaction score
0
I am analyzing my payment options for my last year of college and I just wanted to confirm this:

You do not have to make payments for your undergrad Stafford loans if you are enrolled as a full-time student in a PhD program--right? In other words, interest may accumulate, but I would not be required to actually pay anything until I get my graduate degree.
 
Physics news on Phys.org
Anyone? I'm sure there's someone who took loans as an undergrad and then went to grad school around here...
 
For my government subsidized loans (including stafford), being in a grad program full time means that the government is required to pay the interest during that time. I believe there is a law passed that requires this, but check with your undergraduate office of financial aid to make sure.
 

Similar threads

Admissions Questions Regarding Returning to College After Layoff
  • · Replies 4 ·
Replies
4
Views
2K
Graduate assistantships and defaulted loans.
  • · Replies 1 ·
Replies
1
Views
2K
Graduate Fellowship? (financial aid/loan question)
  • · Replies 1 ·
Replies
1
Views
2K
Other How to Afford Moving to Another State For Grad School?
  • · Replies 16 ·
Replies
16
Views
2K
Student Debt, feasibility & plan to repay
  • · Replies 6 ·
Replies
6
Views
1K
Programs Interruption in BSEE transfer degree, what to do
  • · Replies 1 ·
Replies
1
Views
1K
Is $40k in Undergrad Debt Manageable for a Future PhD Student?
  • · Replies 13 ·
Replies
13
Views
3K
Grad Student Loans: Tuition Waivers & Stipends for Ph.D. Programs
  • · Replies 2 ·
Replies
2
Views
3K
Any benefit to a Mech Eng. learning CNC machining?
  • · Replies 4 ·
Replies
4
Views
2K
Other Considering a Physics Graduate Program: Pros & Cons
  • · Replies 2 ·
Replies
2
Views
1K