If you graduated college this past spring, your student loan grace period will soon be coming to an end. That means you'll have to start paying back your student loans, along with any interest they've accrued. 

"It's a tricky time for borrowers entering repayment," said Elaine Rubin, a student loan policy expert and director of corporate communications for Edvisors. "There have been several years of uncommon repayment rules, and now we are returning the new normal. The new normal includes plans on hold due to legal challenges, and the phasing out of certain income-driven repayment plans like PAYE and ICR."

With so much confusion swirling around student loans and repayment plans, you probably have a lot of questions. Here's what you need to know as you prepare to repay your student loans.

Read more: Student Loan Forgiveness on Hold Again. Experts Explain What's Next for Debt Relief