What is Student Loan Repayment Grace Period?

After borrowers graduate, leave school, or drop below half-time enrollment, loans that were made for that period of study have several months before payments are due. This period is called the “grace period.”
Grace periods extend from 6 to 12 months after borrowers leave school:
Most FFEL and Direct Loans have 6- month grace periods.
Perkins Loans have [...]