Student Loan Grace Period
USA Today reports that some victims of Superstorm Sandy are eligible for a grace period.
If borrowers meet certain requirements, they may be eligible for a 90 day (Oct. 27 to Jan. 25) grace period.
Students must request the temporary loan relief and reside in:
- the Bronx
- New York
- Suffolk or
- Westchester counties.
New York Governor Andrew Como explains, “The grace period we are providing will give these New Yorkers some breathing room to focus on rebuilding and restarting their lives after the storm.”