What happens if I drop below Half Time (HT) or Withdraw from school?
If you are a Stafford loan borrower and drop below HT or withdraw from school, you will no longer be continuously enrolled. Your grace period begins on the day you drop below HT and ends six months from that date. If you enroll in school at least HT during your grace period, you will return to a continuously enrolled status and your grace period will be renewed. We recommend you contact your servicer to verify your enrollment has been reported correctly. You can also verify your in-school status using Online Account Access. Just look for your Loan Status on the Account Summary or Loan Detail screens. If you do not enroll at least HT before your grace period ends, your loan will be put into repayment at the end of the grace period. Once repayment begins, it is your responsibility to request an In-School Deferment every semester you enroll. You can download any of the deferment forms by going to our “Download Page”.
