Graduate Fellowship Deferment

To defer repayment of your loan(s) while participating in a graduate fellowship, you must be:

• Engaged in a full-time course of study in a Graduate Fellowship program

Your graduate fellowship program must:

• Provide sufficient financial support to allow for full-time study for a period of at least six months
• Require, prior to awarding of financial support, a written statement from each applicant which explains the applicant's objectives
• Require a graduate fellow to submit periodic reports, projects, or other evidence of the graduate fellow's progress
• Accept the graduate fellow's course of study at a foreign university for completion of the fellowship program

You must also:

• Hold at least a Bachelor's Degree conferred by an institution of higher education
• Have been recommended by an institution of higher education for acceptance into the graduate fellowship program on a full-time basis

The above information summarizes portions of federal regulations promulgated under the Higher Education Act of 1965 (the "Act"), as amended, and the Act itself, and does not purport to be comprehensive or definitive or to summarize or describe all of the provisions thereof. Such summary is qualified in its entirety by reference to such laws.

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