If you’re more than 30 days past due on required payments while in school, your upcoming loan disbursement(s) are subject to cancellation in accordance with your loan agreement. We’ll also inform your school.
We’ll notify you (and your cosigner, if applicable) a few days after your first missed payment to give you plenty of time to resolve any past-due amounts.
If you can’t make your payment on time, please contact us immediately to discuss what options may be available so that your future disbursements aren’t affected.
The post What happens if I don’t make payments while in school, but my loan requires it? appeared first on SoFi.
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