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Keeping UG Loans in deferment
Posted: Tue Jun 21, 2016 8:35 pm
by Nachoo2019
I just received an email that the small amount (15-20k) of federal loans I have from UG are now in the "six month phase"
I will not be taking loans for law school because that is fully covered. do I need to do anything to make sure these go back into deferment or will the government see that I filed a FAFSA and will be enrolled in law school?
Any help would be appreciated
Edit: Spelling
Re: Keeping UG Loans in deferment
Posted: Tue Jun 21, 2016 9:11 pm
by lymenheimer
Nachoo2019 wrote:I just received an email that the small amount (15-20k) of federal loans I have from UG are now in the "six month phase"
I will not be taking loans for law school because that is fully covered. do I need to do anything to make sure these go back into deferment or will the government see that I filed a FAFSA and will be enrolled in law school?
Any help would be appreciated
Edit: Spelling
Your loan servicer will have details about this. some schools automatically report this information and some servicers have a form you are required to fill out
Re: Keeping UG Loans in deferment
Posted: Tue Jun 21, 2016 9:21 pm
by Nachoo2019
Boom. I didn't know we all had different servicers. I figured it was pretty standard with nelnet or whatever it's called. Thanks bro
Re: Keeping UG Loans in deferment
Posted: Tue Jun 21, 2016 9:29 pm
by lymenheimer
Nachoo2019 wrote:Boom. I didn't know we all had different servicers. I figured it was pretty standard with nelnet or whatever it's called. Thanks bro
Yea. NP. I have Navient and they have a form if the school doesnt autoreport. maybe someone else has your servicer and can comment specifically if you cant find it.
Re: Keeping UG Loans in deferment
Posted: Wed Jun 22, 2016 12:35 pm
by James.K.Polk
Also curious, same situation though mine are through FedLoan.
Re: Keeping UG Loans in deferment
Posted: Wed Jun 22, 2016 1:14 pm
by lymenheimer
James.K.Polk wrote:Also curious, same situation though mine are through FedLoan.
https://myfedloan.org/forms/index.shtml
Re: Keeping UG Loans in deferment
Posted: Wed Jun 22, 2016 2:20 pm
by James.K.Polk
I've deferred that way before (my research fellowship qualifies as a "graduate fellowship") but I assume we have to wait until August for a school to sign for the deferment?
Re: Keeping UG Loans in deferment
Posted: Wed Jun 22, 2016 2:26 pm
by lymenheimer
James.K.Polk wrote:
I've deferred that way before (my research fellowship qualifies as a "graduate fellowship") but I assume we have to wait until August for a school to sign for the deferment?
Gotcha. Yea that was my assumption. I'd just make sure you have enough for an August payment just in case, but you could probably contact your FA department and see when they typically address those forms.
Re: Keeping UG Loans in deferment
Posted: Wed Jun 22, 2016 3:48 pm
by James.K.Polk
lymenheimer wrote:James.K.Polk wrote:
I've deferred that way before (my research fellowship qualifies as a "graduate fellowship") but I assume we have to wait until August for a school to sign for the deferment?
Gotcha. Yea that was my assumption. I'd just make sure you have enough for an August payment just in case, but you could probably contact your FA department and see when they typically address those forms.
That was my plan - thanks!