I have some loans from undergrad, and I am wondering how many credits I need to take each semester in grad school to stay in deferment. Salliemae's website is completely unhelpful =(
2007-01-19 05:22:43 · 4 answers · asked by KristenM 1 in Education & Reference ➔ Financial Aid
6 hours is part time so as long as you take that, you're fine.
2007-01-19 05:26:59 · answer #1 · answered by Justsyd 7 · 0⤊ 0⤋
THE DEFINITIONS FOR FULL-TIME AND PART-TIME ARE AS FOLLOWS:
Undergraduate Students
Credit Hours Eligibility Status
0-5
not eligible with exception of Pell
6-8
eligible at half-time level
9-11
eligible at three-quarter time level
12+
eligible at full-time level
Graduate/Professional Students
Credit Hours Eligibility Status
0-4
not eligible
4.5-5.5
eligible at half-time level
6-8
eligible at three-quarter time level
9+
eligible at full-time level
Less than full-time enrollment in any term or semester requires budget adjustments be made to tuition, fees, books and supplies
2007-01-19 05:27:41 · answer #2 · answered by novae2 3 · 5⤊ 0⤋
I think it depends on what the school you are attending considers full or part time.
2007-01-19 05:26:44 · answer #3 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 0⤋
this site has some good info on that
http://www.thestudentloanconsolidationguide.com
2007-01-22 13:41:02 · answer #4 · answered by pete09301971 2 · 0⤊ 0⤋