What are in-school deferments in reference to student loans?

Dec.23, 2008 in Uncategorized

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I just checked my loan balance page, and it says for the two loans from undergrad, there are in school deferments for a period of time.

I’m currently in school again right now, and will be for the time frame of these two loans. Does that mean, while I’m in grad school, I don’t have to pay the undergrad loans? Or, is there more to it?

Thanks!

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2 Comments on “What are in-school deferments in reference to student loans?”

MotivatedEducated10
December 25th, 2008 at 10:53 am
You have the idea exactly right. While you are in school the loans are still in deference (or you do not have to pay back at that time). You indicated that it will be defer(ed) while you are in grad school- that still works out fine because that means you will not be required to pay anything until at least you are out of school! I don’t believe that there is anymore to it then what you posted and I hope this helps!
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December 28th, 2008 at 9:49 am
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