In-School Loan Deferment

In School Deferment/ Maintaining Interest-Free Status for Previous Years’ Loans 

The University of Toronto reports student registration to the U.S. government via the National Student Loan Data System (NSLDS). Students can verify the status of their U.S. government loan(s) with NSLDS.  

Loan repayment for previous and current U.S. government loans is deferred for full-time students.

Students who are not in repayment but who have previous U.S. government loans may request interest-free status through their lender for the current academic year, for as long as they are registered in full-time studies.  

Students are responsible for all loan conditions and requirements for any previous loans, and for following up with their loan provider to find out the first date of repayment for their loans. Students must request interest-free status via the process listed below, if they are eligible and registered full-time.  

Obtain an In-School Deferment Form from your Federal loan servicer or private lender; complete the student portion appropriately.

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

Log into the Out of Province Request Portal and upload both documents. 

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.