Private College Student Loan

Federal direct student loans- outstanding interest balance?

Does anyone know about outstanding interest on student loans? Can I pay them while I am still in school and will it make a difference later on when I am in repayment? Thanks.

Public Comments

1. That would only apply to unsubsidized loans, and yes, you can pay the interest while you're in school. You're not required to, though. The loan interest would be applied to your balance once you're not enrolled at least half time. It's just a matter of whether you want to pay now or pay later. My advice? If you can afford to, then yeah, I would pay the interest while you're in school. It'll be that much less that you'll have to repay when you're just out of school and trying to get on your feet.