Typically student loans are due if you drop below a half time student or if you graduate. Most of the time you have six months to repay loans after you are done with school. Some students think that they can just outrun their loans but this is foolish. Student loan payoff differs from loan to loan. If you have taken our several types of loan your stipulations for each one my very drastically, so be sure to check your interest rates and payback guidelines. if you cant make your payment or you want to keep going to school make sure to look into diferments that will allow you to prolong your time of non-payment.