The Master’s College - Prospective Undergrads

Loan Deferment

Students who have taken out Stafford loans are eligible for deferment as long as they are enrolled in a program at least half time. Unsubsidized loans will still accrue interest, and subsidized loans will cease accruing interest until a student drops below half-time again or graduates. Please note that students enrolled in the DEEP program are not eligible for loan deferment. Half-time status is defined as follows:

Loans might not be deferred automatically once you re-enter school. To request a deferment, please follow these steps:

1. Find out both the type of loan (FFELP or Direct Loan) you have by going to www.nslds.ed.gov. This will determine which form you’ll need to use.
2. Fill out an in-school deferment request form, based on the type of loan you have. Both forms can be found here:
   Direct Loan In-School Deferment Form
   FFELP In-School Deferment Form
3. Fill out your information on the request form. Please leave the section which has your enrollment dates and graduation date blank.
4. Send the form to the financial aid office. You can mail it, fax it to 661-362-2693 or email it to panderson@masters.edu.
5. The registrar will verify your units and notify the servicer on your behalf. If you are in a graduate program, it may be necessary to defer your loan each year.
   If you have any questions, please contact Phil Anderson at 661-362-2296 or panderson@masters.edu.