Med School and Loans!!!!!!!!

[SabECU4989]

<p>Quick question… If you take out loans for undergrad, and decide to go to a foreign medical school… what happens in regards to your undergrad loans? Is it halted until after med school because technically, you’re still in school and shouldn’t be expected to pay?</p>

<p>Or is there some sort of rule with that stating you have to go to a med school in the states in order to not have to start paying back loans until you’re working and out of med school?</p>

[my_0.02]

<p>See the FAFSA discussion of loan deferment and forbearance.

In-school Deferment - As long as the student borrower is enrolled at least half-time (as defined by the school, normally six units for undergraduates and 4 units for graduate students), no interest accrues and no payments are required until after a six-month grace period after the student ceases to be enrolled at least half-time. An in-school deferment form completed by your school’s registrar staff may be required to verify your enrollment unless your school is a participant in the National Clearinghouse where enrollment data is electronically transmitted to this agency who then notifies lenders, loan servicers, and guaranty agencies.

</p>

<p><a href=“http://www.fafsa.com/deferments.htm[/url]”>http://www.fafsa.com/deferments.htm&lt;/a&gt;&lt;/p&gt;

<p>See the AAMC page entitled “Financing your medical education.”
<a href=“http://www.aamc.org/students/financing/start.htm[/url]”>http://www.aamc.org/students/financing/start.htm&lt;/a&gt;&lt;/p&gt;

[Bigredmed]

<p>It’s post/questions like these, that I’m glad we have someone as skilled at research as $0.02 around…</p>