The grace period begins when the borrower falls below half-time student status. All Stafford Loans have a six-month grace period.
Repayment begins after the grace period is completed. The standard repayment term for Direct Loans is ten years. You also have the option to consolidate your Direct Loans. For more information on this, visit the Consolidation page of the Student Loan Repayment website.
You will be billed by your lender or a 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.