Course Content
Introduction
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Economics for Life

While you are in school, the interest on your loan must either be paid, covered by the government (if you qualify), or accrue on the loan. Leaving school is defined as dropping to less than a half-time class load. After you leave, you get a six-month grace period before you must begin paying back the loan. There are a number of payment plans you can qualify for. See the Department of Education’s website.