gissel026
gissel026 gissel026
  • 11-10-2019
  • Mathematics
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What is the purpose of the grace period of a student loan?

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Dhcolt Dhcolt
  • 21-04-2021

Answer:

A grace period, often 6 months, is the time period before a recipient of a loan needs to start making payments. This grace period is often the time given in order for the recipient to find employment. For college students, the grace period begins immediately after graduation and ends 6 months later.

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