If you are a cosigner on a loan with the student as the primary borrower, there are a few different repayment options that may be available to allow you to defer payments while the student is attending school. For more information on repayment options available on cosigned loans, please refer to this article.
If you have a Parent Loan, you are the primary borrower and will be required to make payments while the student is in school. If you selected the interest-only repayment, you will only be required to make payments of interest only while your student is enrolled and for 9 months following graduation or dropping to less than half-time status. After this grace period, you will be required to make the full minimum payment of principal and interest. If you selected full payments of principal and interest, you will be required to make full payments of principal and interest for the life of the loan.