Taking a Year off in Law School

Questions about student loans for graduate school, including medical school, law school, business school, etc?

Moderator: Financial Aid Guru

Taking a Year off in Law School

Postby mwawsz » Wed Oct 28, 2009 12:16 pm

Hello,

I have a question regarding Stafford loans and law school leave of absence. I'm a first year law student taking out two Stafford loans (subsidized and unsubsidized) and am planning on taking 1 year off after this year and then continuing my studies, on path to graduate in 2013, 4 years after applying for these two loans. I know the loans have a 6month grace period, but after that, what happens when I re-enroll? Will I have to pay 6 months worth, then keep paying while in school or will they go on hold again, kicking in immediately when I graduate? Is there a phone number I can call to speak with someone about this?

Thanks!
mwawsz
New
 
Posts: 1
Joined: Wed Oct 28, 2009 12:08 pm

Re: Taking a Year off in Law School

Postby kristinem17 » Thu Oct 29, 2009 9:13 am

Yes you are exactly right. After six months you will have to start paying your loans. However, when you re-enroll you can apply for in-school deferment. They will then kick in again right after you graduate.
kristinem17
Student Advocate
 
Posts: 250
Joined: Mon Sep 28, 2009 9:34 am


Return to Graduate Loans

Who is online

Users browsing this forum: No registered users and 0 guests