Loan Repayment
Repayment of Federal Direct Loans (subsidized and unsubsidized) begins after the grace period, which is six months after the student withdraws or graduates from school, or has been enrolled less than half-time. Repayment of Federal Direct PLUS Loans begins within sixty days of the last disbursement. There are no penalties for making payments while in school or during the grace period. Students or parents may make payments at any time directly to their loan servicer.