I am graduating with my bachelor's degree in December 2017, but I am not starting law school until August 2018. I know that federal student loans (which I have from my undergrad institution) go into repayment after six months and then the subsidized loans start gaining interest. I was wondering if it's possible to keep my loans in deferment between December 2017 and August 2018, nine months, since I will be going to law school after I graduate college and not taking a true gap year.
I want my subsidized loans to stay subsidized and I don't want to go into repayment until I'm a lawyer.
Keeping Loans in Deferment Between College and Law School Forum
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fourwinds
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WamBamThankYouMaam
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Re: Keeping Loans in Deferment Between College and Law School
https://studentaid.ed.gov/sa/repay-loan ... ligibilityfourwinds wrote:I am graduating with my bachelor's degree in December 2017, but I am not starting law school until August 2018. I know that federal student loans (which I have from my undergrad institution) go into repayment after six months and then the subsidized loans start gaining interest. I was wondering if it's possible to keep my loans in deferment between December 2017 and August 2018, nine months, since I will be going to law school after I graduate college and not taking a true gap year.
I want my subsidized loans to stay subsidized and I don't want to go into repayment until I'm a lawyer.
That has details on loan deferment and forbearance. You might be able to qualify for more time in deferment if you are unemployed/can't find a job. If you get forbearance though, the interest still begins to accrue, but you either pay no/low amount towards your loans.
