Creating Consistency in Educational Finance: A Training Curriculum
Module 1: Customer Service Representatives

Table 2: Deferment Eligibility Chart

1. New Borrower 7/1/87 - 6/30/93: A borrower whose first FFELP loan was made on or after July 1, 1987, and before July 1, 1993, or who had an outstanding balance on a loan obtained on or after July 1, 1987, and before July 1, 1993, when he or she obtained a loan on or after July 1, 1993, or who had no outstanding balance on a Federal Consolidation loan made before July 1, 1993, that repaid a loan first disbursed before July 1, 1987.

2. New Borrower 7/1/93: A borrower whose outstanding FFELP loans were all made on or after July 1, 1993, and when his or her first FFELP loan was made on or after July 1, 1993, had no outstanding FFELP loans that were made before July 1, 1993.

3. A deferment may be granted during periods when the borrower is temporarily totally disabled or during which the borrower is unable to secure employment because the borrower is caring for a dependent (including the borrower's spouse) who is temporarily totally disabled.

4. Borrowers are eligible for a combined maximum of 3 years of deferment for service in NOAA, Public Health Services and Armed Forces.

5. A parental leave deferment may be granted to a borrower in periods of no more than 6 months each time the borrower qualifies.

6. Deferment for parent borrower during which the dependent student for whom the parent obtained a PLUS loan meets the deferment eligibility requirements.

7. A borrower who received a Federal Consolidation loan before July 1, 1993, that repaid a loan made before July 1, 1987, or who had an outstanding balance on a FFELP loan obtained prior to July 1, 1987,when the Federal Consolidation loan was obtained, is eligible for in-school deferment only if the borrower attends school full time.

8. A borrower with a Federal Consolidation loan made before July 1, 1993, or a borrower who receives a Consolidation loan on or after July 1, 1993, who has any outstanding FFELP loan(s)) at the time of consolidation that was first disbursed before July 1, 1993.

9. A borrower who receives a Federal Consolidation loan made on or after July 1, 1993, who has no outstanding FFELP loans at the time of consolidation that were made on or after July 1, 1993.