Grace
The Grace period begins when the borrower falls below half time student status. All Stafford Loans have a six month Grace period.
Repayment
Repayment begins after the Grace period is completed. The standard repayment term of Stafford loans is ten years. 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 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.