You may defer repayment:
- while the student on whose behalf the parent borrowed the loan is enrolled at least half-time at Lawrence (8 or more units per term), and
- for an additional six months after the student ceases to be enrolled at least half-time
You may obtain a deferment request form from the Loan Servicer listed on the disclosure statement provided when you receive the loan.
When requesting a deferment, a parent borrower must indicate whether he or she wishes to defer repayment only while the dependent student is enrolled on at least a half-time basis, or both while the student is enrolled and during the 6 month period after the student ceases to be enrolled on at least a half-time basis. If a parent borrower does not request a deferment, the first payment on the loan will be due within 60 days after the loan is fully disbursed.