Mortgages & Loans

When do my parents begin repaying the college PLUS Loan ?


Generally, repayment must begin within sixty days after the final loan disbursement for the academic year. There is no grace period for these loans. This means that interest begins to accumulate at the time the first disbursement is made. Your parents must begin repaying both principal and interest while you are in school.
Answer Provided by: CPAdirectory

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