Most student loans have a six-month grace period, which means you wonât have to make payments until six months after you graduate, drop out or drop below half-time status. The grace period is meant to give you a chance to find a job and begin earning an income before youâre swamped with bills.
First Party Claims vs. Third Party Claims. There are two types of insurance claims: first party claims and third party claims. While a first party claim is one you file with your own insurance company, a third party claim is one you file with the insurance provider of another person or business.
Although the amounts generally increase each year, in 2014 individuals and married couples filing separately can claim a $6,200 standard deduction, joint filers and qualified widowers can claim an $12,400 deduction and filing as head of household gives you an $9,100 deduction.