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If a fourth year student wants to consolidate her Stafford loans, does she have to pay back the loan immediately or is it subsidized until she graduates and forfeits the six-month grace period?

April 26, 2017consolidate fourth immediately loan Loans pay Stafford student wants year

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If a fourth year student wants to consolidate her Stafford loans, does she have to pay back the loan immediately or is it subsidized until she graduates and forfeits the six-month grace period?

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Starting July 1, 2006, students can only consolidate once and they cannot do an “in school” consolidation. Your student will have to wait until she leaves school before she consolidates. If she consolidates, she does not forfeit her six-month grace period.