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Postpone/Defer Loan Payments


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 (Direct / FFEL):

  1. The University Registrar's Office sends your enrollment information to the National Student Clearinghouse once a month.

  2. You can view all transmissions that your Loan Servicer(s) have pulled from the National Student Clearinghouse that impact in-school deferments. 

  3. You can check your in-school deferment status through the MWUnet Student portal.  Click here for more information.

  4. 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:

  1. Contact your former school to obtain a Perkins deferment form (your former school is your lender for the Federal Perkins Loan).

  2. Complete the "Student Section" of each deferment form as directed.

  3. Bring or send each deferment form to the Midwestern University Registrar's Office.

  4. The Midwestern University Registrar's Office will complete the "School Section" of the form and send it to your former school.

  5. 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:

  1. The Midwestern University Registrar's Office sends your enrollment information to the National Student Clearinghouse once a month.

  2. You can view all transmissions that your Loan Servicer(s) have pulled from the National Student Clearinghouse that impact in-school deferments.

  3. You can check your in-school deferment status through the MWUnet Student portal.  Click here for more information.

  4. 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.

  5. 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

 


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