Hi,
No that is not correct 30 days is for M365 - "For a free trial, your account moves into a grace status for 30 days in most countries and regions. During this grace period, you can purchase Microsoft 365. If you decide not to buy Microsoft 365, you can either cancel your trial or let the grace period expire, and your trial account information and data is deleted.https://learn.microsoft.com/en-us/compliance/assurance/assurance-data-retention-deletion-and-destruction-overview
Also for Subscription active and cancellation is it different - if you cancel your subscription before its term end date, the subscription skips the Expired stage and moves directly into the Disabled stage, which is 90 days for most subscriptions, in most countries and regions.
There is stage process and here it is - https://learn.microsoft.com/en-us/microsoft-365/commerce/subscriptions/what-if-my-subscription-expires?view=o365-worldwide
Hope this helps.
JS
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