Spouses income in deferment

[Mutterkuchen]

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I am graduating in May and plan to defer my loans, Stafford Sub and un-sub, GradPLUS. My wife has a decent job and we were wondering if her income is used in the calculations for deferment. Does anyone know if, or how, spousal income is calculated into the picture?

 

[Doctor Bagel]

Here's a calculator from one lender. Based on this, it sounds like no. They say monthly income is just your income and adjusted gross income excludes your spouse.

https://www.theloanprogram.org/tlc/Calculators/HardshipCalc.aspx#monthlyincome

 

[DrMom]

when I've deferred I have never been asked about my husband's income.

 

[edubbs5]

As long as the income documentation submitted only shows your income/wages - you should be fine. As a lender, we recommend submitting a w2 vs. your jointly filed income tax return. If you submit your joint income tax return, both income will be used to determine eligibility.

But contact your lender - this could vary.

 

[Mutterkuchen]

Thanks to all of the information. This is what I was hoping for.