When does interest accrue on my loan?

This depends on the type of loan that you have and the status of the loan:

• On Direct Unsubsidized student loans, PLUS loans, and the unsubsidized portion of a Consolidation loan, interest accrues in all statuses beginning from the day it was disbursed until the date it is paid in full.
• If you have Direct Subsidized loans, interest will accrue during a forbearance and while in repayment. A Direct Subsidized Loan does not accrue interest while in school, during the grace period or in a deferment period.