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Aid Year 2003-2004
 

Loans For Disadvantaged Students Deferment


Periodic installments of principal and interest need not be paid, and interest shall not accrue, while the Borrower:

(a) serves on active duty as a member of a uniformed service of the United States, for up to three years;

(b) serves as a volunteer under the Peace Corps Act, for up to three years;

(c) pursues advanced professional training, including internships and residencies;

(d) pursues a full-time course of study at a health professions school eligible for participation in the Loans for Disadvantaged Students program;(e) leaves the Institution, with the intent to return to the Institution as a full-time student, to engage in a full-time educational activity which is directly related to the health profession for which the Borrower is preparing, as determined by the Secretary of Health and Human Services (the Secretary), for up to two years; and

(f) participates in a fellowship training program or a full full-time educational activity which is directly related to the health profession for which the Borrower prepared at the Institution, and is engaged in by the Borrower within 12 months after the completion of the Borrower’s participation in advanced professional training described in (c) above or prior to the completion of the Borrower’s participation in such training, for up to two years.