We know that some course dates are being extended due to disrupted class schedules. As a result, you may be finishing your studies later than originally planned.
We don’t expect you to make payment while you’re studying full-time. If you plan to defer a portion of your course to a future study period or take additional classes at the end of the original study period, you should contact our team before your first payment is due to apply for a study extension. You’ll need to provide documentation from your school confirming the new end date for your course.
If you’re approved for a study extension, we’ll give you a new date to start making payments that accommodates your individual case. It’s important to note that a study extension won’t change the total payment term of your loan, so the amount due each month will increase slightly once you begin making payment.
For more information on what to do if you cannot repay your loan, please read here.