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Paying UG Loans Even Though Applying?

Posted: Thu Oct 28, 2010 2:37 pm
by Jiffy
I was wondering, and this may be something that is at the discretion of individual lenders, but as a general rule do you have to start paying off your undergrad loans if you haven't started law school yet or is being in the application process enough to defer? I finished undergrad this past May and am in the process of applying to schools for next fall.

Normally, I'd have to start making payments next month. I was just wondering if deferring was an option in this case where your intent to continue on in school has been established?

Re: Paying UG Loans Even Though Applying?

Posted: Thu Oct 28, 2010 3:48 pm
by im_blue
You have to start making payments after the grace period (applying does nothing for you), but once you start law school you can defer the payments again.