If I have borrowed through both the Federal Direct Loan Program and Federal Family Education Loan Program (FFELP), will I still have a six-month grace period?
Yes, repayment begins after your one-time grace period–six months after you graduate from your degree program or are not enrolled at least half-time (6 credits for undergraduate students) for both your Federal Direct Loan and Federal Family Education Loan Program (FFELP) Stafford Loans. For additional information about repayment, please contact the servicer of your loan(s).
Related Questions
- If I have borrowed through both the Federal Direct Loan Program and Federal Family Education Loan Program (FFELP), will I still have a six-month grace period?
- What is the difference between the Federal Family Education Loan Program (FFELP) and the Federal Direct Loan Program (FDSLP)?
- What is the difference between the Family Federal Education Loan Program (FFELP) and Direct Loans?
