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why did i get a student loan bill?
i thought repayment didnt start till AFTER graduation
4 Answers
- prplfaeLv 69 years agoFavorite Answer
Your loans enter repayment after you graduate, withdraw, or fall less than half time. if you are currently attending school at least half time, contact your student loan servicer and see if they have your enrollment information correct. if they don't the school needs to update them.
- DennyLv 69 years ago
What *kind* of loan did you sign for? Some loan repayments begin immediately, and it's usually on federally subsidized, unsubsidized or authorized loans that allow repayment to begin after you complete college (or stop going to school).
Always carefully read any document you sign. Always. Even when the salesman, or bank officer, or loan officer says "oh, that stuff's unimportant, just sign here, here and here." When they say things like that, especially, *that* is the time to sit back, READ what you're about to sign and make doubly sure you're comfortable with and understand what's in the contract.
- 하하Lv 79 years ago
Did you stop attending at least half time? It doesn't matter if you graduate or not, if you drop below half time you will enter repayment in 6 months. Why are you not asking your lender that question?