Sponsored Links
Results 1 to 5 of 5

Thread: Loan Deferment

  1. #1
    Tx-Bill is offline Junior Member 511 points
    Join Date
    Dec 2010
    Posts
    30
    Downloads
    0
    Uploads
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Loan Deferment

    Advertisements



    Anyone else have trouble with AUC reporting full time status in order to trigger loan deferment? I phoned AUC in June and asked what I needed to do to indicate to loan holders that I was deferring payment. They said "nothing", that they would handle it. Half way through first semester and I'm getting paperwork to begin repayment. When I phone the loan holders, they say they are checking multiple "clearinghouses" and there is no record that I am a full time student.

  2. #2
    Macgyver1MD's Avatar
    Macgyver1MD is offline Senior Member 535 points
    Join Date
    Oct 2005
    Location
    In my jeep wrangler sporting my mullet
    Posts
    877
    Downloads
    6
    Uploads
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts
    I had to have the school sign a form indicating I was full time and mailed to the loan company. The form was from the loan company.
    PGY-Attending Hidden Content FP

  3. #3
    RfisherMD is offline Senior Member
    Join Date
    Jul 2008
    Location
    USA
    Posts
    1,065
    Downloads
    8
    Uploads
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Some of my undergrad loans (through sallie mae) are automatically deferred, but likely because Sallie mae is processing the AUC loans and so automatically knows I am still a student. My other loans are deferred via a form that I have AUC sign and send for me. AUC is very good about sending this form as soon as they receive it and have had no problems with them on this front. I would see your lender has a form that AUC can fill out.
    AUC c/o 2013
    FM resident

  4. #4
    Tx-Bill is offline Junior Member 511 points
    Join Date
    Dec 2010
    Posts
    30
    Downloads
    0
    Uploads
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts
    What was a pain was:
    1. When asked, AUC said everything would be handled automatically.
    2. It wasn't handled, and I didn't find out until a week or two before the grace period runs out.
    3. I have multiple lenders, and each one now requires the form to be handled by the staff at AUC.
    Just wish I had known earlier that I would need to handle it myself.

  5. #5
    RfisherMD is offline Senior Member
    Join Date
    Jul 2008
    Location
    USA
    Posts
    1,065
    Downloads
    8
    Uploads
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Yeah, I agree it is a pain. I went through the same thing when I started. Everywhere I looked said the clearinghouse would handle it and then i found out when the grace period ended and they sent bills that it wasn't handled. Now, I am on top of it. Another thing that annoys me (not AUC related) is that the lender wants the form sent in, but if receive it before their made-up date into the semester, they reject it and ask for another one. IE: Semester starts September 6. I have form sent in September 10. 2 weeks later I receive a letter dated the 15th saying that the form must be sent in after the 12th. Luckily AUC resends the form for me without any issue.
    AUC c/o 2013
    FM resident

Similar Threads

  1. Loan deferment
    By MaxPower311 in forum Ross University School of Medicine
    Replies: 6
    Last Post: 12-28-2010, 07:13 PM
  2. undergraduate loan deferment???
    By mednb in forum Main Foreign Medical Schools Forum
    Replies: 3
    Last Post: 01-30-2009, 10:07 AM
  3. Loan Deferment while in VET School??!
    By rufous in forum St. Georges University School of Medicine
    Replies: 2
    Last Post: 07-13-2005, 09:16 PM
  4. Loan Deferment
    By jackson in forum Medical University of the Americas (MUA) Nevis
    Replies: 3
    Last Post: 09-28-2004, 07:50 PM
  5. Loan deferment
    By Rwl22 in forum Saba University School of Medicine
    Replies: 0
    Last Post: 12-21-2003, 10:04 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •