Student loan question please help?
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hi i was just wondering if a student loan can be frozen in some way to pay later, thing is i went to itt tech for a year and acccumilated loan money but i left and it says i have to pay the loan back 6 months after i leave , i started in miami dade college now and i was just wondering if the loan company sally mae would freeze the loan or something like that til i graduate???
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Answer:
As long as you are in school at least half time (6 hours or more) then your loan should be put in deferment. If you are not going back to school then there should be at least a couple of years of forbearance and a couple of economic hardship deferment. Take your pick.
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