What You Need to Know About Student Loans

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  • What’s a Grace Period?
  • But What’s Deferment?
  • And Forbearance?
  • Either Way You Gotta Pay Up
  • Should I Consolidate?
  • student loan debt
  • Not All Loans Are the Same
  • Fill Out an FAFSA
  • Read the Fine Print
  • Don’t Take Out More Than You Need
  • Subsidized Loans
  • Unsubsidized Loans
  • Direct Plus Loans
  • The Interest Is Not a Game

And Forbearance?

For people who do not qualify for deferment, you can apply for forbearance. If approved, you may be able to stop paying your loans for up to one year. Your interest is still accruing over this time, however.

(Photo: Khuong Hoang/Getty Images)

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