When i can stop making FAFSA payments if starting this fall Forum
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itsmytime10
- Posts: 162
- Joined: Wed Feb 24, 2010 12:37 am
When i can stop making FAFSA payments if starting this fall
I am currently making monthly payments on my FAFSA loan from my MS degree. When is the earliest time i can stop making payment if i start school this fall? Do i have to start school before i can stop?
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homestyle28
- Posts: 2362
- Joined: Thu Jun 04, 2009 12:48 pm
Re: When i can stop making FAFSA payments if starting this fall
Assuming you're asking about when you can get the deferral for being a student, you have to actually be a student again. If you are taking out more federal aid, that loan disbursement will tell the gov't that you're back in school, so you can request the deferral. If you're not taking out more federal aid, you have to get a form filled out by the school, which they'll do after school starts.
I had to go through this as a grad student...so this info is like 2 years old.
I had to go through this as a grad student...so this info is like 2 years old.
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itsmytime10
- Posts: 162
- Joined: Wed Feb 24, 2010 12:37 am
Re: When i can stop making FAFSA payments if starting this fall
Yes that is what i am asking. Thanks for the info.homestyle28 wrote:Assuming you're asking about when you can get the deferral for being a student, you have to actually be a student again. If you are taking out more federal aid, that loan disbursement will tell the gov't that you're back in school, so you can request the deferral. If you're not taking out more federal aid, you have to get a form filled out by the school, which they'll do after school starts.
I had to go through this as a grad student...so this info is like 2 years old.
