Direct Subsidized and Unsubsidized Loans—Repayment begins after a 6-month grace period. The grace period begins the day after you cease at least half-time enrollment.
Direct PLUS Loans—Repayment begins 60 days after the student has received the last installment of the loan for a school year. However, as long as the student is still enrolled at least half-time, the Department of Education will grant a deferment that allows a student to postpone payments while he/she is continuing his/her education.*
There is no grace period for PLUS loans, however, so the parent (of the student) will be expected to begin repayment as soon as deferment ends.
