 TITLE: When Do Student Loans Start Accruing Interest? CONTENT: When Does Interest Start for Private Student Loans?\n---------------------------------------------------\nPrivate student loans are loans offered by banks, credit unions and other providers to help students with education expenses. As with federal student loans, private student loan interest typically begins accruing when you receive the loan funds.\nThe terms you receive on a private student loan will depend on the lender, and the interest rate can be fixed or variable. A fixed rate stays the same for the entire loan, while a variable interest rate can change over time.\nMany private loans require you to begin making payments while you are in school, but others may allow you to defer payments while you are enrolled. Check your loan agreement or call the lender directly to learn more about how they charge interest and when payment is required. END