In most cases, as a Fulbright ETA , you can defer your student loans while in Korea . However, it is your responsibility to confirm this with your lending institution. As a general rule, Fulbright fellowships fall under the category of Graduate Fellowship Deferments. The Graduate Fellowship Deferment is for students engaged in a full time course of study in a graduate fellowship program such as the Fulbright program.
The following website is very helpful for downloading deferment forms and obtaining all the information you may need regarding loan deferments: http://www.dlservicer.ed.gov
You are responsible for filling out and submitting your loan forms before arriving in Korea . You will need to send your loan form to IIE in New York . Please include an addressed, stamped envelope for each loan deferment form you submit (addressed to the respective loan agency). IIE will certify the loan deferment and mail it in for you.
If you need a specific loan deferment form, you will need to obtain that form on your own. (Contact your loan agency or school to determine if you need a special loan deferment form.) You can download the "Education Related Deferment Request" form here: http://www.nchelp.org/elibrary/Forms/Deferment/FP0606EDU.pdf. |