If I have Stafford student loans and accept a job outside of the country, will it affect my repayment?
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I wanted to make sure that this will not automatically default or cause other problems as I can continue to make my payments. Thank you!
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Tags: accept, affect, country, Loans, outside, Repayment, stafford, Student
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on Thursday, February 11th, 2010 at 12:33 pm and is filed under Stafford Student Loans.
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February 11th, 2010 at 1:20 pm
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.)