If I have Stafford student loans and accept a job outside of the country, will it affect my repayment?
I wanted to make sure this wouldn’t be an automatic default or cause any other problems, as long as I keep making my payments. Thank you!
With federal student loans, as long as you keep making your payments on time, there should be no problems. There is no requirement that you remain inside the country after graduation.
Just remember to keep your lender(s) updated any time you change your address. You wouldn’t want to default on the loan simply because they didn’t know where to send your bill. (I highly recommend automatic payment in cases such as yours.)
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This entry was posted on Wednesday, June 3rd, 2009 at 7:27 pm and is filed under stafford student loans. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.
With federal student loans, as long as you keep making your payments on time, there should be no problems. There is no requirement that you remain inside the country after graduation.
Just remember to keep your lender(s) updated any time you change your address. You wouldn’t want to default on the loan simply because they didn’t know where to send your bill. (I highly recommend automatic payment in cases such as yours.)
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August 23rd, 2009 at 1:40 am