A borrower may defer repayment of a Perkins Loan while enrolled in at least half time status at an eligible school of higher education, (or a comparable institution outside the United States, approved by the Department of Education). Eligible schools will have a Federal School Code from the Department of Education.
Half time status is determined by the qualifying school where the borrower is enrolled. Generally, this is 6 hours per semester.
While an account is on deferment status, monthly payment is not required and interest does not accrue. To request deferment, a student deferment form must be completed by the student and certified by the school they are attending. Contact the Educational Computer Systems, Inc. to request a deferment form or click on the link below.
After deferment, a borrower is entitled to a 6 month post deferment grace period, if the original 9 month grace period was used up prior to returning to school. During the post-deferment grace period, monthly payment is not required and interest does not accrue.