I finished my college. I have loans right now. What I was wondering is if you are deferred in your loans whether you can get it moved until you finish the rest of you education.
2006-08-09 20:40:18 · 3 answers · asked by Kelly s 6 in Education & Reference ➔ Financial Aid
If the loans are Federal Financial Aid loans and you are in school taking credits of half time or more then your loans will be deferred until 6 months after you leave school or 6 months after you drop below half time credit status... Usually if you have a student loan with a private lender this would be the case as well but you should double check with your lender. But this is definitely the case for Federal Financial Aid Loans.
***It is the student's obligation to get in contact with the Financial Aid Advisor of the currently attending school or your lender to obtain forms for deferment.***
Hope this helps.. :)
2006-08-10 02:02:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you've just graduated or dropped below part-time, you are in a 6 month grace period. The lenders will not put you on a payment plan until your 6 months are up. Once you re-enroll in school more than part-time, your loans are deferred. You won't have to pay but the interest still accrues.
2006-08-10 12:45:20 · answer #2 · answered by ronnieneilan1983 3 · 0⤊ 0⤋
Someone I know just re-enrolled in school, and as a result the student loans this person had been paying were deferred until this new "bout" of school is completed. His situation may be slightly different than yours, though.
The people to ask are the people you have the loan through.
2006-08-09 20:50:40 · answer #3 · answered by WhiteLilac1 6 · 0⤊ 0⤋