If I am a full time college student, do I have temporary relief from paying back older loans?

Posted on August 21, 2011

Question by Savage serenity: If I am a full time college student, do I have temporary relief from paying back older loans?
If I am currently enrolled in school, but I have previous student loans that need to be repaid, do I temporarily have the option not to pay back the previous loans at this time?

Best answer:

Answer by Lili
Your loans should be deferred while you are a full-time student. However, you must have the Registrar’s office at your current institution complete a deferment form to be sent to the lender (for example, Sallie Mae), and you are responsible for requesting that form and arranging for it to be completed every year or semester, depending on the lender’s requirements.

If you forget, you might find yourself being asked to start paying while you are still a student.

It’s your job to stay on top of your loan obligations at all times.

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