Financial Aid Deferments
In-school deferments are available and allow borrowers to defer principal payments on loans borrowed for graduate education. Also these deferments may apply to prior Stafford loans borrowed for undergraduate education which, in some cases, may extend beyond your enrollment to include a 6-month grace period.
If you need to defer prior undergraduate student loans or graduate financial aid obligations in order to earn your graduate degree, please review the following FAQs:
- How does Keller notify my student loan lender that I am enrolled as a graduate student?
- How does the NSLC notify my lenders of my enrollment?
- How do I know if my student loan lender participates in the NSLC?
- If my student loan lender participates in the NSLC, do I still need to submit a paper in school deferment form?
- What do I do if my lender does not provide - or if I have lost - my in school deferment form?
- What do I do if my student loan lender does not participate in the NSLC?
- What can I do if my student loan lender states, "the school has not forwarded your enrollment status?"
How does Keller notify my student loan lender that I am enrolled as a graduate student?
Keller participates in the National Student Loan Clearinghouse (NSLC). (For more information about the NSLC, view their website: http://www.nslc.com/) Enrollment status is reported to the NSLC on a session-by-session basis. Every session within a semester, student enrollment data is transmitted automatically and electronically to the NSLC on the following schedule:
Tuesday, Week 3
Monday, Week 6
Monday, Week 2 (subsequent session, for previous session)
How does the NSLC notify my lenders of my enrollment?
Within a week after the NSLC receives DeVry University student enrollment data, the NSLC automatically transmits student enrollment data to student loan lenders.
PLEASE NOTE: There is typically a delay (1 - 4 weeks, depending on lender) between the time that the NSLC transmits student enrollment data to a lender and when the lender updates a student account.
How do I know if my student loan lender participates in the NSLC?
View the following website to see the list of guarantors who receive enrollment information from the NSLC: http://www.nslc.org/gls/lenders_servicers.htm and http://www.nslc.org/gls/guarantors.htm
If my student loan lender participates in the NSLC, do I still need to submit a paper in school deferment form?
No.
What do I do if my lender does not provide - or if I have lost - my in school deferment form?
You can use the generic form available from Educaid at the following link: http://www.educaid.com/forms/sch.pdf
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Complete Section 1, Borrower Information
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Complete Section 7, Lender information. This section MUST include the NAME of the lender and the LENDER'S ADDRESS.
Please note: If you do not provide the name and address of your lender or loan servicer, the in school deferment form will be returned to you.
What do I do if my student loan lender does not participate in the NSLC?
Submit a completed in school deferment form to the Registrar's Office, Keller Graduate School of Management of DeVry University.
Please note: All in-school deferment forms received will be forwarded directly to the NSLC, who will use the paper form to notify any lender who cannot be notified electronically.
If you attend Keller Graduate School of Management in California, Georgia, Colorado, Oregon, Washington, Arizona, Missouri, North Carolina, Wisconsin, mail or fax your form to:
Registrar's Office
Keller Graduate School of Management of DeVry University
10401 Holmes Road, Suite 310
Kansas City, MO 64131
FAX: 816-941-0176
If you attend Keller Graduate School of Management in New York, Ohio, Pennsylvania, or Keller's Online Education Center, mail or fax your form to:
Registrar's Office
Keller Graduate School of Management of DeVry University
One Tower Lane, Ste 1000
Oakbrook Terrace, IL 60181
FAX: 630-382-2944
If you attend Keller Graduate School of Management in Florida, Illinois, Indiana, Texas, Virginia, Maryland, Washington, D.C., mail or fax your form to:
Registrar's Office
Keller Graduate School of Management of DeVry University
2300 Southwest 145th Ave.
Miramar, FL 33027
FAX: 954-499-9742
What can I do if my student loan lender states, "the school has not forwarded your enrollment status?"
If you ever have any problem with a lender, you always have the option of contacting the National Student Loan Clearinghouse at 703-742-7791 and ask to speak to a student service representative. They are there to help you with your lenders.
