Undergraduate subsidized student loans should not start racking up interest until after you've graduated and finished your six-month grace period.
watch nowThe interest on undergraduate subsidized loans is usually suspended while you pursue more schooling.
You can contact your loan servicer or visit StudentAid.gov to learn your loan type, said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit2.
Recent graduatesMost graduates get a so-called grace period after they've finished school before they need to start making their student loan payments.
If you're unemployed when student loan payments resume, you can request an unemployment deferment with your servicer.
Persons:
Drazen Zigic, Kantrowitz, you've, they've, Betsy Mayotte
Organizations:
Istock, Getty, The, Student Loan Advisors