Check out all scholarships and grants. If borrowing, stay with one lender to simplify loan repayment.
Many lenders make loans to students in California and policies differ.
Federal Subsidized Stafford Loan repayment begins six months after you drop below half-time student status. This six-month grace period allows you time to obtain employment and make preparations to begin loan repayment. Federal Unsubsidized Stafford Loan interest payments start immediately, with payment on the balance being on the same terms as the Subsidized Stafford Loan Program. Keep in touch with your lender and your school. If you change your name, move, leave school or change your graduation date, inform your lender promptly.