You need to go thru all your loans and see exactly when they come do. I belive some loans come do 6 months after graduation and some 9 months depending whether they are Fed sub or unsub or Perkins. If you don't have a job and your payments come do then fill out the paperwork for economic hardship forbearance. One thing not to do is to consolidate any loans before the rates reset the beginning of July. Also, consolidate with Federal Consolidation program thru the Dept of Ed website, having the governement (Dep of Ed) servicing your loans is beneficial than some private company that does consolidation. The governemnt allows you to do forbearances online and don't deny them unless you have used all your allotted time. Private companies wnat you to account for every dime and will try to deny them at all possible.I know alot of friends that are going thru hell getting forbearnces or deferments dealing with private loan servicers.
If you do this right you will lock in(fixed rate) historical low rates and save yourself thousands of dollars over the repayment time.
