Tracking Student Loans w/Quicken 2012?
Basically, I've started trying to get back into Quicken. I've been severely failing on keeping on top of our finances for quite some time. I've managed with Mint for awhile, but I wanted to get some of the more advanced capabilities, so I went ahead and bought Quicken and have started getting it configured. I have most of the accounts configured with it, but I am a bit confused about our student loans...
We have a number of student loans, scattered across a few different providers. Since Quicken doesn't support direct download of loans themselves, you must set them up manually, and track them manually. This is normally fine, but the concept of a student loan and how it is supposed to fit within the Quicken Loan structure of the application confuses me a bit.
Let's use two examples:
The first is a loan for $1,000. It has an interest rate of 5% on it, and payment is deferred until 1/1/2014 until we are graduated.
The second (more confusing) is a loan for $1,000. It has an interest rate of 5% on it, but it is subsidized, and I don't start accumulating interest on it until 1/1/2014 once we are graduated.
So, it's basically trying to determine how to enter a loan into Quicken that I don't need to start paying back immediately, as well as the other loan that doesn't have any interest rate on it until I graduate, at which time it starts accruing interest.
I've bought the Quicken 2012 Official Guide book, but it doesn't really talk directly about student loans and some of those slightly different use cases that they entail.
Does anybody else use Quicken for their student loans? If so, how do you go about setting them up and tracking them in Quicken?