student loans

Started by Tiankum
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Tiankum

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I was recently told by a prior Army dentist that you can defer your subsidized stafford loans while serving active duty...does this ring true to anyone?
 
I was recently told by a prior Army dentist that you can defer your subsidized stafford loans while serving active duty...does this ring true to anyone?

You can take a forbearance on the loans which means you don't pay on them, but they still will accumulate interest.
 
I am about a year out of dental school and in the Air Force. I was able to get my loans deferred, but it was tricky. The exact wording on the deferment form says that you need to be active duty military "during a war." I had my commander write a letter saying that I am serving on active duty "during a war," which technically I am. Direct Loans explains it that you need to be deployed, but that is not how the requirements for the deferment are written. It took a lot of going back and forth, but I finally got my loans deferred. I still pay quite a bit on them each month, but there is no interest accruing on the Subsidized loans.
 
I was recently told by a prior Army dentist that you can defer your subsidized stafford loans while serving active duty...does this ring true to anyone?
Google search "Federal Loan forgiveness act". If there is even a remote chance you may stay in the military for 10 yrs you do not want to go into forbearence or deferment.