Defer Loan Payments
You may be eligible to defer payment on prior educational loans while enrolled at least half-time at Midwestern University.
In-School Deferment Process
You may be eligible to defer payment on prior educational loans while enrolled at least half-time at Midwestern University. Contact your Loan Servicer(s) to determine if you qualify for an in-school deferment.
Typically, the deferment process depends on the loan type.
Federal Stafford and Federal Graduate PLUS Loan
- The University Registrar's Office sends your enrollment information to the National Student Clearinghouse twice a month.
- The National Student Clearinghouse reports your enrollment information to NSLDS once a month.
- You can check your in-school deferment status by logging in to the student portal.
- Continue making payments on your student loans until you receive notification from your Loan Servicer(s) that your in-school deferment is in place. If you are unable to make payments, you should ask for an immediate forbearance.
Federal Perkins Loan
- Contact your former school to obtain a Perkins deferment form (your former school is your lender for the Federal Perkins Loan).
- Complete the "Student Section" of each deferment form as directed.
- Bring or send each deferment form to the Midwestern University Registrar's Office.
- The Midwestern University Registrar's Office will complete the "School Section" of the form and send it to your former school.
- Contact your former school by phone or in writing 6-8 weeks after submission to verify that your student deferment has been processed.
Alternative or Private Loan
- The Midwestern University Registrar's Office sends your enrollment information to the National Student Clearinghouse twice a month.
- The National Student Clearinghouse reports your enrollment information to NSLDS once a month.
- You can check your in-school deferment status by logging in to the student portal.
- Please check with your Loan Servicer(s) to see if you qualify for an in-school deferment. Private loan deferment options may differ from the in-school deferment options for federal loans.
- Continue making payments on your student loans until you receive notification from your lender(s) and/or servicer(s) that your in-school deferment is in place. If you are unable to make payments, you should ask for an immediate forbearance.
Your Responsibilities While in Deferment
- Notify your Loan Servicer(s) of any changes in circumstances (e.g., change in name, address, phone number, enrollment status) that might affect your deferment.
- Contact your Loan Servicer(s) immediately if you continue to receive requests for payment after school has started and/or your enrollment information has been reported to the National Student Clearinghouse.