When do I need to start repaying my student loans from the Missouri Higher Education Loan Authority?

The timeline for starting repayment of student loans from the Missouri Higher Education Loan Authority typically depends on the specifics of the loan and the borrower's individual situation. Generally, borrowers begin repayment after a grace period, which usually lasts six months following graduation, leaving school, or dropping below half-time enrollment. This grace period allows borrowers time to secure employment and financial stability before they are required to start making payments. It is important for borrowers to be aware that interest may continue to accrue during this grace period, depending on the type of loan. After the grace period ends, monthly payments will commence. The exact date when repayment starts can differ based on the borrower's loan type, so it is essential to review the loan agreement and any communications from the Missouri Higher Education Loan Authority to confirm specific details related to one's loan. For the most accurate and personalized information, checking the current web page is advisable.