Pretending your loan isn't there…

No, this is not a suggestion. It tempts a lot of people, but it's not a good idea.

Q. What happens when that 6-month after-school grace period ends and you can't make the monthly payments?

If you haven't made arrangements for interest relief, that means no one – not you and not the government – is taking care of your loan payments.

After a certain amount of time passes without payments, your loan will be defaulted.

For more on default, see Default: the D word…

For ways to stay out of default, see Getting help: the basic student loan repayment aid programs….

Remember this about your loan: this too shall pass!