Do Graduate PLUS Loans have a six-month grace period prior to repayment?
There is no grace period for Graduate PLUS loans. • What are the repayment terms of Graduate PLUS loans? Graduate PLUS Loan borrowers are required to pay the interest during the life of the loan (similar to the terms of Stafford Loans). Graduate PLUS Loan borrowers will be allowed to make quarterly interest payments on their loans. The repayment period will generally be five years, not counting any deferment or forbearance periods, but can be up to ten years. • Can I consolidate my Graduate PLUS Loans? Graduate PLUS Loans can be included in FFELP and Direct Lending Consolidation Loans.