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Financial Aid

Student Loan Deferment

Navigate Your Financial Plan

For many students and parents, loans represent an important resource to help finance educational expenses.1 However, if you hit a bump in your payment plan, DeVry University is here to help. In-school student loan deferments are available and allow borrowers to defer principal payments on Federal Direct loans borrowed for educational purposes. These financial aid deferments may apply to prior Federal Direct Loans which, in some cases, may extend beyond your enrollment to include a six-month grace period.

Student Loan Deferment: FAQs

If you need a prior undergraduate student loan deferment or you need to defer graduate financial aid obligations in order to earn your graduate degree, please review the following frequently asked questions.

How do DeVry and Keller notify my student loan lender that I am enrolled as a graduate student?

DeVry participates in the National Student Clearinghouse (NSC), reporting all students’ enrollment status on a session-by-session basis. Every session within a semester, student enrollment data is transmitted automatically and electronically to the NSC on the following schedule:

  • Tuesday, Week 3
  • Monday, Week 6
  • Monday, Week 2 (subsequent session, for previous session)

How can I verify that my lender has processed an in-school deferment for my loan(s)?

If you are not sure if your lender has processed an in-school deferment for your previous loan(s), please contact your lender directly to confirm the status of your loan(s).

1Student loans, grants and scholarships are available to those who apply and qualify.

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DeVry University

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus: 1400 Crystal Dr., Ste. 120, Arlington, VA 22202. DeVry University is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission, www.tn.gov/thec. Lisle Campus: 4225 Naperville Rd, Suite 400, Lisle, IL 60532. Unresolved complaints may be reported to the Illinois Board of Higher Education through the online complaint system https://complaints.ibhe.org/. View DeVry University’s complaint process https://www.devry.edu/compliance/student-complaint-procedure.html Program availability varies by location. In site-based programs, students will be required to take a substantial amount of coursework online to complete their program. Do Not Sell or Share My Personal Information.


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