Grace
The grace period begins when the borrower ceases to be enrolled at least half-time and extends for six months.
Repayment
Repayment begins after the grace period is completed. The standard repayment term of Stafford loans is ten years, but the repayment term can be extended depending on the total outstanding principal balance. Contact your loan servicer directly for details. You also have the option to consolidate your Stafford loans. For more information on this, visit the consolidation page of the Student Loan website.
Billing
You will be billed by your lender or billing service. It is important to keep your billing address and contact information up to date with your lender. Contact your lender with specific questions about billing cycles, methods of payment or payment amount.