Do Sallie Mae Student Loans goback to interest only if I reenroll in school?
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I took a semester break from College and during this break I had to start paying back sallie mae student loan. I was wondering if when I go back to school (or enroll which I already am) do the payments go back to interest only?
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Answer:
You can put in a request to have interest only payments, or you can ask to have no payments. If you do this, the amount you owe will increase every month you are in school until you start making payments again.
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