This way, you won't have to repay the loan if you don't begin classes or if you withdraw during the first 30 days of classes. The amounts given here are the maximum yearly amounts you can borrow in both subsidized and unsubsidized Stafford Loans, individually or in combination. You'll be notified any time there is a rate change. During this period, you'll receive repayment information, and you'll be notified of your first payment due date. You're responsible for beginning repayment on time, even if you don't receive this information.
Payments are usually due monthly.