Stitch Vicious (stitch_vicious) wrote in thequestionclub,
Stitch Vicious
stitch_vicious
thequestionclub

Loan payments

I was reading an article about repaying student loans, and it mentions how one student took out loans (didn't specify through who or what kind) and no one contacted him about repayment. The money he owes is taken out of his paycheck.

After you graduate and go through the 6 months grace period (for Stafford Loans, I think Perkins loans get nine months), how do you pay the money back? Does your lender bill you automatically, or are you responsible for contacting them and making arrangements for payback?
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