While you are attending classes, there are certain things you must do to keep your interest-free loan status and stay eligible for future funding. Your loan responsibilities. Find out how to keep your student loan in good standing. When payments are not required. Find out how to ensure your loan stays interest-free while you're in school. Report circumstance changes. Find out how to keep your student loan file up to date. Verify the accuracy of your information. Find out what to do if your file is restricted while your information is verified.