Ask Me About Student Loans!

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!

Esther Gum: Dec 27, 2005; :-)

I am currently in the process of a medical dismissal for the Fall '06 semester. Consequently, I am not enrolled in any classes this semester and the college is asking me for my exit interview for my one Stafford and one Perkins loan. I know I have a 6 month grace period (so if I went back to school in the summer, I would go back into deferment) but what if I'm put on a medical hold and unable to go back to school for a long period of time? Will my loans still be deferred or will I enter repayment? If I enter repayment, when I do go back to school, I will enter deferment again, right? I'm really worried about this because I definitely can't start repaying right now. It seems a little unfair to have to start repaying when I'm not going to school because I can't, not because I don't want to. :smith:

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!