In-School Loan Deferment

In-School Deferment for Previous Years’ Loans

Students who have previous U.S. government loans or alternative/private loans such as Sallie Mae or Earnest Loans may request in-school loan for the current academic year. Students are responsible for meeting their lender’s loan conditions and registration requirements.

  • For students with U.S. government loans, the University of Toronto reports enrolment status to the U.S. Department of Education via the National Student Loan Data System (NSLDS). Students whose enrolment status is reported as being at least half-time are eligible to have their previous loans put into deferment. Once the university starts to report a student’s enrolment status, it will continue to report every 60 days for the duration of the student’s U of T degree program. Students can verify the status of their U.S. government loans by logging into their studentaid.gov account, and choosing the “My Aid” option. 
  • For alternative/private loans, the University of Toronto completes in-school deferment forms submitted by students via the process listed below. Students must follow this process in each academic year they are requesting for in-school deferment. Completed forms are returned to students, who are responsible for submitting them to their loan provider.

Follow all three steps of the In-School Loan Deferment process below:

Fill out the University of Toronto U.S. In-School Deferment Form (PDF).

Obtain an In-School Deferment Form from your lender; complete the student portion appropriately. No forms are required for students requesting in-school loan deferment for their US Direct Loans (Subsidized, Unsubsidized, PLUS).

Log into the Out of Province Request Portal and upload documents from steps 1 and 2 above, as required.

Important Information 

  • Processing Time: Once the University Registrar’s Office receives both forms, the In-School Deferment form will be processed within 5 to 8 business days. 
  • Ineligible Students: Students currently registered at St. Michael’s College, Trinity College, Victoria University, and the Toronto School of Theology (and its member institutions) are not eligible to maintain interest-free status on their previous years’ U.S. Direct Loans.