I was in repayment status on my Stafford loans, and I have recently returned to school. I noticed 2 days ago that I have past due payments listed on my credit report from Sallie Mae. I contacted them, and they told me that my school hasn't reported that I am enrolled. I was told that as soon as they had enrollment confirmation, my loans would be deferred and that the negative stuff would be removed from my credit report if it happened while I was in school (which it did).
So I contacted my school, and they said, "The minimum enrollment to put loans back in an in-school status is 6 credits. I see your registration is 5 credits. This has been reported to the Clearinghouse, but wouldn't be sufficient to change your payment status."
Everything I've read says deferment is allowed when you are enrolled at least half-time. For summer semesters half-time is 3 credits, so shouldn't I be ok?
So I contacted my school, and they said, "The minimum enrollment to put loans back in an in-school status is 6 credits. I see your registration is 5 credits. This has been reported to the Clearinghouse, but wouldn't be sufficient to change your payment status."
Everything I've read says deferment is allowed when you are enrolled at least half-time. For summer semesters half-time is 3 credits, so shouldn't I be ok?