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What is an in-school deferment?

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What is an in-school deferment?

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An in-school deferment allows you to postpone any payments you have from previous educational loans. Most schools will require you to submit an in-school deferment form that you need to send to your school as well as your lender.

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This deferment postpones repayment while you are attending a Title IV school on at least a half-time basis. A Title IV school is one that grants federal funding (i.e. Pell grants, Stafford Loans, etc.). You can check here to verify that your school is a Title IV program. Full-time, half-time, or less than half-time enrollment is determined by your institution and must be clearly marked on the form. You must be attending at least half-time to receive this deferment. Download the form as a fillable PDF.

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