Deferment of Undergraduate Loans

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bmford627
Posts: 4
Joined: Mon Feb 01, 2010 6:58 pm

Deferment of Undergraduate Loans

Postby bmford627 » Wed Feb 24, 2010 7:58 pm

I have some hefty debt from my undergraduate and graduated in December. The grace period will therefore end in June-July period... before law school starts in the fall. Does anybody know deferment options for those returning to school?

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thalassocrat
Posts: 488
Joined: Wed Sep 23, 2009 8:07 pm

Re: Deferment of Undergraduate Loans

Postby thalassocrat » Wed Feb 24, 2010 8:11 pm

bmford627 wrote:I have some hefty debt from my undergraduate and graduated in December. The grace period will therefore end in June-July period... before law school starts in the fall. Does anybody know deferment options for those returning to school?


Your lender would know, and you'll have to work with them to get it deferred (or so I would assume). You should be able to get a deferment, per this site.

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im_blue
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Joined: Sun Apr 12, 2009 3:53 am

Re: Deferment of Undergraduate Loans

Postby im_blue » Wed Feb 24, 2010 8:14 pm

You'll probably have to make a couple of monthly payments, but then you can defer again once law school starts. May/June college graduates won't have to worry about this.

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swc65
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Joined: Wed Jul 22, 2009 11:27 am

Re: Deferment of Undergraduate Loans

Postby swc65 » Wed Feb 24, 2010 8:26 pm

im_blue wrote:You'll probably have to make a couple of monthly payments, but then you can defer again once law school starts. May/June college graduates won't have to worry about this.



Unless you don't have a job. If you are unemployed, you may be able to get a hardship deferral.




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