Grace period is usually the moratorium period which is of course duration + 1 year.
It relieves borrowers of immediate loan repayments and allows them to complete their studies without stress.
Borrowers can look for a steady source of income and find themselves a job during this period.
Grace period also allows students to manage their finances effectively and create a budget.
This is an opportunity to prepare oneself towards student loan repayment.
This is an opportunity to prepare oneself towards student loan repayment.