Does anybody know when referring to student loans, what is a grace period?
I am a first-year university student undertaking a degree in economics, and my family is facing a financial crisis now. I am in limbo. I don’t want to drop out from the university because my future career is at stake. I am looking for a bank that offers education loans with low-interest rates to enable me to complete my degree program. My friend told me that the federal student loan program is the best. But, when referring to student loans, what is a grace period? When will I begin paying back student loans? Am I allowed to defer student loans?
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