Financial Aid Deferments
In-school student loan deferments are available and allow borrowers to defer principal payments on Federal Direct loans borrowed for graduate education. Also these financial aid deferments may apply to prior Federal Direct loans borrowed for undergraduate education which, in some cases, may extend beyond your enrollment to include a 6-month grace period.
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If you need a prior undergraduate student loan deferment or you need to defer graduate financial aid obligations in order to earn your graduate degree, please review the following frequently asked questions:
How does Keller notify my student loan lender that I am enrolled as a graduate student?
Keller participates in the National Student Clearinghouse (NSC). (For more information about the NSC, view their website: http://www.nslc.com.) Enrollment status is reported to the NSC on a session-by-session basis. Every session within a semester, student enrollment data is transmitted automatically and electronically to the NSC on the following schedule:
Tuesday, Week 3
Monday, Week 6
Monday, Week 2 (subsequent session, for previous session)
How can I verify that my lender has processed an in-school deferment for my loan(s)?
If you are not sure if your lender has processed an in-school deferment for your previous loan(s), please contact your lender directly to confirm the status of your loan(s).